Blog

You’ve been saving money for college since junior was a baby, and now he’s going off to college. That’s wonderful, but before you withdraw funds from your 529 plan to pay college expenses, there are a few things you should know. The 529 plan doesn’t rule out financial aid. Those funds are treated as the parent’s assets, and so will result in less of a reduction on eligibility for financial aid...

Grandparents Day was this past Sunday, September 7th. In honor of National Grandparents Day, we’re sharing a piece from Accounting Today with tax advice for grandparents, written by Michael Cohn, below: Fred Slater, CPA and Ellen Minkow, CPA, a pair of tax and financial advisors at MS 1040 LLC in New York City, have two children each and no grandchildren yet (though they reportedly are still...