Karen C. Drescher CPA PC
Category
General Information
Locality: McDonough, Georgia
Phone: +1 770-474-0464
Address: 1945 Hwy 42 N 30253 McDonough, GA, US
Website: www.karencdreschercpa.com
Likes: 215
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Facebook Blog
Given the recent natural disasters and the looming holiday season, now is a time of charity solicitations from both legitimate charitable organizations and scammers who are after your charitable dollars. Be sure to verify that a charity is legitimate before you write a donation check.
Tax Accounting Humor Friday
The tax reform has radically changed taxation for individuals and small businesses. What used to be may no longer be, and although some year-end strategies may be the same, in the long run, we must change how we think about year-end tax planning. Read more.
Wednesday Wisdom
For 2019, Social Security benefits for most people will increase by about 2.8%. This is not much of an increase, which should be a wake-up call for those who are ignoring the need for retirement savings. There are numerous tax-favored ways to put away money for your retirement.
Sec. 529 plans allow taxpayers to put away larger amounts of money than other tax-advantaged education savings plans do, and the account's earnings are tax-free if used to pay tuition and certain other college expenses. Tax reform added some new taxpayer-advantageous changes to the plans. Learn more.
When it comes to financial transactions between family members, the tax laws are frequently overlooked. Learn about the three commonly encountered situations and the tax ramifications associated with each.
Learn more about a new investment called a qualified opportunity fund, which was created as part of the recent tax reform.
With the high cost of medical insurance, it is important to understand how to get the maximum tax benefit from medical insurance premiums and just what qualifies as deductible medical insurance.
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