(Posted June 20, 2018) Due to the destruction caused by volcanic eruptions and earthquakes occurring in Hawaii beginning on May 3, 2018, the president has declared part of Hawaii a federal disaster area. As a result, individuals that reside in or have a business located in the affected area may qualify for tax relief.
(Posted June 20, 2018) Coverdell Education Savings Accounts (CESAs) were created in 1997 to allow qualified educational expenses incurred by a “designated beneficiary” to be paid for with a tax-free distribution. This article will cover the basics you need to know.