Tap or click the image to read Matthew White’s latest contribution to MDMag.com and Physician Money Digest on the Tax Benefits of Real Estate Investing
Viewing entries in
Taxes
If you want to use pre-tax dollars to pay for dependent care expenses, maybe a Flexible Spending Account, or FSA, is the way to go.
If you would like to increase your automated contributions to various savings and investment accounts, click the button to contact us and schedule an appointment.
Help yourself out this year by knowing the recent change to the tax code as we approach the end of the year. The deduction will be very beneficial if you pay attention to itemized deductions and make sure taxable income hits below the necessary threshold.
529 plans have traditionally been about the future. While using them in the present is now possible, it limits the plan's inherent tax benefits and you may be unwinding what you prepared for college. With college tuition rising on an annual basis, we cannot afford to let the use of a 529 plan in the present replace what it was initially designed to do.