If you want to plan ahead to pass assets down to heirs in a tax-efficient manner, a grantor trust might be the right choice for you. Find out more about what a grantor trust is and how it works, so

Public-sector employers and other qualifying organizations can offer 403b and 457 plans. Find out about these plans and which might be right for you. Many people are familiar with 401k plans. These are employer-sponsored retirement plans. If you’re a qualifying employee,

Understanding Modified Adjusted Gross Income It’s true that you won’t find your modified adjusted gross income listed on your Form 1040, but that doesn’t mean it’s not important. MAGI is a vital calculation for many taxpayers. Unfortunately, taxpayers may not be

A CPA, also referred to as a certified public accountant, is an accounting professional that has met all the licensing requirements set by their state’s board of accountancy. To earn the CPA designation, you must meet stringent education and experience

Self-employment, especially during COVID-19, appears to be on the rise. People love the idea of creating their own schedules and working from wherever they please.  However, finances can be a bit tricky and confusing for those who are self-employed. One of the