530A Savings Accounts for Children

October 19th, 2026 - 10:03 pm § in Economics, Personal Finances

Did you know that if you have a child under the age of 18, they most likely have been auto-enrolled for a 530A Savings account, also know as a Trump account? These accounts are meant to serve as tax deferred savings accounts for American children and have the ability to capture gifts from non-profits and public philanthropists as well as receive contributions from parents/relatives. To claim your child’s account, visit trumpaccounts.gov. Children born from 2025-2028 are eligible for a $1000 seed deposit.

Read More Here: Most American Children Are Being Auto-Enrolled in Trump Accounts. What to Know.

No Comments

Life Events and The IRS

August 18th, 2026 - 11:20 am § in Federal Income Tax, Personal Finances

Are you planning to get married this year? Having a baby? Managing an estate after a loved one's death? All of these events have tax implications and the IRS strives to provide all the information you'll need to understand your tax impact for each situation. Read More Here: Tax withholding

No Comments

Accounting Licensure

August 4th, 2026 - 10:58 am § in CPA on the go, Education

The Texas legislation that will create a new pathway to accounting licensure takes affect August 1, 2026. Now accounting candidates may earn their license by completing a bachelors degree with required coursework, finishing two years of work experience, and passing the Uniform CPA Examination. The Texas Society of CPA's is hailing this as an advocacy win that will help expand and strengthen the profession.Read More Here: Additional Pathway to CPA Licensure

No Comments

The IRS Sends Letters

July 28th, 2026 - 10:58 am § in Federal Income Tax, Social Media, Technology

The IRS wants you to know that they will always send you a paper letter through the USPS in regards to you taxes. If you receive emails and or social media messages they ask that you report those using the forms on their website here: Report fake IRS, Treasury or tax-related emails and messages. In the past there have also been fake IRS letters, so if you have a question about any IRS correspondence you have received, always check their ...

No Comments

Student Loan Repayment

April 21st, 2026 - 7:40 pm § in Education, Personal Finances

Many student loan holders are in limbo and unable to view their balances or track their payment progress due to the current restructuring within the education department. The tool that was once available to help borrowers track balances and payments is no longer online and the department has said they do not plan to bring it back. Borrowers on the Save plan will need to change plans at some point but no date is set. All others have access to ...

No Comments

Mr. Beast, Financial Manager?

April 7th, 2026 - 7:24 am § in Financial Coaching, Personal Finances

Would you let Mr. Beast manage your finances? The most popular Youtube star of all time with 469 million subscribers, Jimmy Donaldson is moving beyond the wild, charitable stunts into the realm of money management. His company has aquired the Step app that offers financial services aimed at teenagers and young adults. The app consists of spending, savings, and parent supervised investment accounts (until the holder turns 18). Some are concerned that Mr. Donaldson will turn his young followers into ...

No Comments

Paperless

March 24th, 2026 - 7:03 pm § in Federal Income Tax, Personal Finances

The IRS is going paperless. This process began in the fall of 2025 and continues as the federal government seeks to protect against fraud and improper payments. The move also seeks to increase efficiency and to reduce costs. For the coming tax season, the biggest difference will be the phasing out of paper refund checks. Modernizing payments to and from America’s bank account

No Comments

Student Debt Options

February 10th, 2026 - 4:23 pm § in Financial Accounting, Personal Finances

Bankruptcy cases do not often include student debt because of the extra filings needed and the rate at which they are discharged. According to Tara Siegel Bernard for the New York Times, a new, more streamlined process for bankruptcy is making it easier to claim student debt and actually have it forgiven. Many jurisdictions utilize the Brunner test for those claiming student debt and the new approach to filing makes it easier to pass that test: Can you currently maintain the ...

No Comments


← Previous Entries