Can I reimburse myself this year from my 529 for last year’s tuition expenses?
My daughter starts college this fall, but her 529 has lost some earnings in recent months. Can I leave the money in the 529 to give it a chance to maybe recoup some of the losses? Then reimburse myself later in 2023 for tuition expenses paid in 2022?The short answer...
How Should a Teenager Fill Out a W-4?
When anyone starts a new job, one of the first tasks as a new employee is to fill out their employee paperwork, including their W-4What is a W-4? Everyone must pay taxes on their income. The W-4 form tells your employer how much money to withhold from your paycheck...
Where’s My Refund?
Where's My Refund? CHECK THE STATUS OF YOUR FEDERAL TAX REFUND ONLINE The "Check My Refund Status" tool is easy - no logins, no passwords, but you will need your social security number or ITIN, your filing status, and your exact refund amount....
Get the Most From Your Supervisory Committee
An active Supervisory Committee provides for a healthy credit union by adhering to best practices and assuring the Credit Union has strong internal controls.Set Your Supervisory Committee Up for Success Your credit union Supervisory Committee procedures are performed...
5 Reasons You Should Have an Online IRS Account
Creating an online IRS account is a quick way to always have access to your tax information. Some of the tax data available is the status of your refund or amount owed, payment history for the last five years, economic impact payment history, advance child tax credit...
Small Business Lending Provides Big Opportunities for CUs
According to the Small Business Administration, small businesses are 99.7% of all businesses in the United States. Small business is the backbone of the economy, and the American Rescue Plan presents credit unions with big opportunities to support their local SMBs and...
Does Your Business Qualify for Employee Retention Credits for 2020 and 2021?
The Employee Retention Credit (ERC) was enacted in the CARES Act in March 2020 and is a tax credit applicable to employment taxes. It is a refundable credit for qualifying employee wages and was enacted to support businesses who kept employees on the payroll during...
Why Hire a CPA To Do My Taxes?
Everyone in the work force has an opportunity to maximize their tax returns by decreasing taxable incomes and taking advantage of available deductions. A CPA understands that a tax return is never a straightforward form. Every taxpayer has different tax situations...
Opportunities for Credit Unions of All Sizes in 2022
With two years of pandemic now in the past, credit unions of all sizes are looking at the opportunities in 2022. The economy, job market, interest rates, and inflation all play a part in the prospects for relationship building and growth.(1) Support Members Looking...
Getting Started with 529 Savings Plans for Education
A 529 plan is a savings plan specifically for education. It was originally designed to help save and pay for university, college, career, technical or trade school, but changed in 2017 to include kindergarten through high school and again in 2019 to include...
Mandeville
Baton Rouge
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Baton Rouge, LA 70816
(225) 292-7434 Phone
West Monroe
4900 Cypress St. #15
West Monroe, LA 71291
(318) 397-2472 Phone