- Gift Tax Treatment of Tuition Plans
- Qualified tuition plans (QTPs) provide a means for family members and others to save for the future educational needs of children. Investment earnings within a QTP account are tax deferred and not taxable when withdrawn if used to pay qualified tuition and certain other expenses.
- Electric Vehicle Credit on the Decline
- Back in 2009 Congress created a tax credit for the purchase of electric vehicles as a stimulus for car companies to manufacture “green” vehicles and as an incentive for consumers to purchase electric vehicles. Although there is no specific date in the future when this credit will expire, there is a limit to the number of vehicles each manufacturer can sell that can qualify for the credit.
- The Life of an Estimate in QuickBooks Online
- Estimates-or quotes, or bids- are useful tools when you’re pitching a sale of products or services. Here’s how QuickBooks Online handles them.
- Top 10 Startup Business Questions Every Entrepreneur Should Answer
- Starting a small business can be one of the most exciting and rewarding events in someone’s life. But it can also be extremely stressful. If you’re thinking about becoming an entrepreneur, you might have more questions swirling around in your mind right now than you can count. Don’t despair. This is completely normal. After all, it shows you’re serious about your business venture and care enough to want to do things the right way. Before moving forward with a new business idea, ensuring you know the answers to the following vital questions is crucial.
- What Happens if you Made a Mistake on your Tax Return?
- If you made an error on your tax return you’ve just discovered, you can file an amended return. Learn how.