The new 529 Plan to Roth IRA rollover rule
The most debatable argument against starting 529 college savings programs for children is the uncertainty surrounding whether the child will even attend college and, if they do, whether they will need the funds in the event of qualifying for scholarships or other financial aid. The recently passed SECURE 2.0 Act introduces a special rule allowing […]
Hurricane Idalia Relief
The Internal Revenue Service announced tax relief for individuals and businesses affected by Idalia in parts of Florida. Taxpayers affected by the storm that began on Aug. 27. 2023, now have until Feb. 15, 2024, to file various individual and business tax returns and make tax payments. Following the disaster declaration issued by the […]
