
Tax-Smart 529 Education Savings Plans
For many families, a huge concern is finding a way to pay for their children’s college education. Especially, with the climbing cost of higher education. According to the College Board’s Trends in College Pricing and Student Aid 2020 report, the average cost of tuition in 2020-2021 was $37,650 in private colleges, $10,560 at public colleges, and $27,020 at…
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Opportunity Zone Investments
Opportunity Zones is a new community development program used to incentivize investments for distressed low-income communities by offering tax benefits to investors. It was established by the Tax Cuts and Jobs Act of 2017. Businesses or individual investors can invest capital gain amounts in Opportunity Zones through a Qualified Opportunity Fund (QOF). The reinvestment of…
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