Month: July 2012

Taxes and disability: An overview

Taxes and disability: An overview Do you live with a disability, or care for someone who does? If so, you may have disability-specific tax questions about income, deductions, and credits. Here’s an overview. Income. In general, all income is taxable…

New rules apply to business travel expenses

New rules apply to business travel expenses Will you be away from home this summer on business? If so, you might have tax-deductible expenses. Generally, when you travel away from home for your existing work or business, ordinary and necessary…

529 plan rollovers can be tricky

Is it ever a good idea to roll over your 529 college savings plan? Sometimes it is. Reasons to consider a rollover include the opportunity for better investment returns or lower fees. Thanks to federal income tax rules similar to…