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New Tax Bill Saves Popular Tax Breaks
By overwhelming margins in both federal chambers, the House and Senate approved the Working Families Tax Relief Act of 2004 (the Act). The Act doesn't blaze any new trails, but, instead extends the expiration of numerous tax provisions.
 
S Corporation Changes
S corporations are a popular business entity form because of their ability to limit owner liability and provide taxpayer-friendly characteristics. The American Jobs Creation Act of 2004 (2004 Jobs Act) enhanced the benefits of S corporation ownership.
 
529 or ESA? Choosing a College Savings Vehicle
If you have young children, you probably realize you ought to start saving for their college education. And you should start saving as soon as possible to give that money time to grow.