The Achieving a Better Life Experience (ABLE) Act permits a state to establish and maintain a new type of tax-advantaged savings program (under Section 529A of the Internal Revenue Code) for a qualified disabled person.| www.irs.gov
Superfunding a 529 plan is essentially claiming your gift-tax allowances for the next few years, today. The law allows you to contribute a lump sum today, and spread it out over 5 years, taking maximum advantage of the $15,000 annual gift-tax exemption.| Cerebral Tax Advisors
Find out what Quarterly Estimated Taxes are, when they are due, how to calculate them and what happens when you miss a deadline.| Cerebral Tax Advisors
As a physician and a business owner, you know how important it is to take advantage of key deductions that can reduce your tax liability. One beneficial—and often misunderstood—tax break for self-employed doctors is the qualified business income (QBI) deduction.| Cerebral Tax Advisors
Form W-2 is the most commonly filed tax document in the US. There are several ways to save on taxes that don’t immediately meet the eye. Reduce your tax burden.| Cerebral Tax Advisors
The One Big Beautiful Bill Act reference guides for taxes of individuals and small businesses. A snapshot of old vs. new tax rules so you can see exactly what changed and what it means for your finances or business strategy.| Cerebral Tax Advisors
In need of Tax-efficient financial planning? We're one call away! Set up a meeting if you're a new client or an existing client and discuss your needs/concerns.| Cerebral Tax Advisors