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From the Headlines to your Bottom Line

New Law Makes Education-Savings Tools More Flexible

Getting an education for your children or grandchildren can be expensive. Fortunately, various tax-advantaged savings options can help lower out-of-pocket costs. Here's an overview of two tax-smart savings tools Section 529 plans and Coverdell Education Savings Accounts as well as information about tax-favored ABLE accounts that help families pay for qualified disability expenses.
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The ABCs of Higher Education Tax Breaks

School planning seems to start earlier every year. As you begin to shop for dorm supplies and other necessities, here's some important information about tax breaks for higher education costs, along with some of the rules and restrictions that apply under the new tax law. We'll also explain how the Tax Cuts and Jobs Act eliminates deductions for job-related education costs incurred by employees.
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Is an Association Health Plan Right for Your Company?

The availability of a new health plan option is soon to become a reality for small businesses. Last October, the Trump Administration set in motion the development of "association health plans" as an alternative for employers to provide health insurance to their workers. Whether individual employers will see this as good news or bad news depends on their current situations. Here's an overview.
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How We Add Up

"Our clients rely on Fust Charles Chambers to provide innovative thinking by anticipating changes in tax laws, accounting methods and industry and economic trends. At other times, our clients depend on us to act as a sounding board for their ideas and concerns. We’re proud to be part of our clients’ team with the purpose of assisting them in attaining their goals and objectives."

- Joseph L. Charles, Partner