by Stapley Accounting | Feb 16, 2023 | Uncategorized
If you’re a parent or grandparent in Cache Valley with college-bound children, you may want to save to fund future education costs. Here are several approaches to take maximum advantage of the tax-favored ways to save that may be available to you. Savings bonds Series... by Stapley Accounting | Feb 9, 2023 | Uncategorized
A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t kick in for a few years. The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) was signed into law on December 29, 2022. ... by Stapley Accounting | Feb 2, 2023 | Uncategorized
If you own a home and rent it to a relative, you may be surprised to find out there could be tax consequences. Quick rundown of the rules Renting out a home or apartment that you own may result in a tax loss for you, even if the rental income is more than your... by Stapley Accounting | Jan 26, 2023 | Uncategorized
What Is a 529 Education Plan If you have a child or grandchild who’s going to attend college in the future, you’ve probably heard about qualified tuition programs, also known as 529 education plans. These plans, named for the Internal Revenue Code section that... by Stapley Accounting | Jan 25, 2023 | Uncategorized
They say it came from TikTok. If you’ve heard or read the term “quiet quitting” recently, you might have wondered what it means and why everyone seems to be talking about it. Simply defined, quiet quitting is when employees show up for work but basically stop trying.... by Stapley Accounting | Jan 19, 2023 | Uncategorized
Many people have savings bonds that were purchased many years ago. Perhaps they were given to your children as gifts or maybe you bought them yourself. You may wonder how the interest you earn is taxed. And if they reach final maturity, what action do you need to take...