How to Use 529 Plans for College Funds and Education

529 plans are an investment vehicle that allows taxpayers to save for all levels of education. Contributions are made with after-tax dollars, but accumulated earnings and qualified withdrawals are tax-free for federal taxes. If savings towards education for your child or another beneficiary is a priority to you, this type

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Lawmakers Push to Extend Tax Filing Deadline

On February 18, 2021, the Committee on Ways and Means wrote a letter to IRS Commissioner Charles P. Rettig to petition the extension of the tax return filing season beyond April 15, 2021.  The Service was asked to consider the request and make an announcement as soon as possible. Different

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