by angieduran | Mar 7, 2024 | Uncategorized
Although employers have long helped employees save for retirement and have insurance in place for health care, another urgent need has persisted over the years: funds for financial emergencies. To address this problem, SECURE 2.0, a law enacted in 2022, contains a...
by angieduran | Mar 6, 2024 | Uncategorized
With the high cost of college, many parents begin saving with 529 plans when their children are babies. Contributions to these plans aren’t tax deductible, but they grow tax deferred. Earnings used to pay qualified education expenses can be withdrawn tax-free....
by angieduran | Mar 4, 2024 | Uncategorized
The construction business is risky business – with inflation, supply-chain complexities and the skilled labor shortage all combining to make life interesting to say the least. If you’re a general contractor, among the biggest risks you face is subcontractor...
by angieduran | Feb 22, 2024 | Uncategorized
If you’re gathering documents to file your 2023 tax return and you’re concerned that your tax bill may be higher than you’d like, there might still be an opportunity to lower it. If you qualify, you can make a deductible contribution to a traditional IRA right up...
by angieduran | Feb 12, 2024 | Uncategorized
In the complex and sometimes chaotic world of long-term construction projects, many contractors find themselves struggling to accurately align the revenue coming in with the expenses being paid out. This is where the percentage of completion method of accounting often...
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