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Archives for January 2015

What is a 529 College Savings Plan?

January 16, 2015 by Onlyfordentists

Today saving for college is more critical than ever before. Tuition and fees are already at all-time highs and the cost is only looking to increase in coming years. The 529 college savings plan is one of the most effective methods for parents interested in investing for their children to go to college. The 529 […]

Filed Under: Taxes

Tax Advantages of Donating Stock

January 12, 2015 by Onlyfordentists

Making donations to non-profit organizations is a great way to do good works in the community your dental practice serves. It can also be a huge tax advantage to small businesses – especially if you take advantage of one not so widely known option to double up on your tax benefits. Donating appreciated stocks allows […]

Filed Under: Taxes

Do You Qualify for the Earned Income Tax Credit?

January 5, 2015 by Onlyfordentists

There are many requirements you must meet in order to qualify, but it may lower your tax bill. Supporting a family can be difficult, not to mention expensive. Working families whose income is fairly low need all the help they can get with their income taxes. The Earned Income Tax Credit (EITC) was put in […]

Filed Under: Taxes

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