Kids Can Be Expensive! Here Are Some Tax Breaks to Help

By Dana McGuffin | May 29, 2024 | Comments Off on Kids Can Be Expensive! Here Are Some Tax Breaks to Help

Kids can pose challenges from every direction for their parents – feeding times, car seats, sleep schedules, strollers, child care, and of course…taxes! What most parents don’t consider is that these bundles of joy complicate their tax situation. Here are some tax tips that may help: Start a 529 education savings plan. 529 education savings plans…

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The Benefits of Being a Sole Proprietor

By Dana McGuffin | May 7, 2024 | Comments Off on The Benefits of Being a Sole Proprietor

Many start-up businesses move from hobby status to a business when they start to make a profit. The tax entity typically used is a sole proprietorship. Taxes on this business activity type flow through your personal tax return on a Schedule C. Here are some benefits to consider if you’re trying to decide if being…

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