by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Aug 14, 2023 | Education, Life Insurance, Tax Planning
As successful entrepreneurs and devoted parents and grandparents, ensuring a bright future for your loved ones is a top priority. That’s why we’re excited to share: Top 5 Benefits of Using Life Insurance for College Planning Dual Purpose Coverage:...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Aug 12, 2023 | Education, Tax Assessment
Did you think your 529 account only covered tuition? Think again! Your student’s needs are tax-free, from tuition and mandatory fees to books, computers, and even required equipment! Yep, that’s right, no federal or state taxes on those qualified expenses....
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jul 15, 2023 | Education, Tax Assessment
Hi!, Here is the background: President Biden’s plan to alleviate student debt faced legal obstacles 🚫, highlighting the complexity of forgiveness initiatives. A fresh plan targeted borrowers with 20 or 25 years of Income-Driven Repayment (IDR) payments 💡 The new...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Apr 23, 2023 | Education, Tax Deductions
As a business owner, did you know that you can provide your child employees with tax-free education benefits and gain tax deductions for your business? 🤔💼💰 That’s right! 💯 Offering education fringe benefits can help your child get the education they need to do...
