QUALIFIED PLAN

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This term refers to retirement and employment benefit plans that…

RECAPTURE

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Is to include as income or as additional tax in the return an…

ROLLOVER

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A rollover is a tax-free withdrawal of cash or other assets from…

SECTION 179 DEDUCTION

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This refers to a section of the Internal Revenue Code that permits…

SECTION 529 PLAN

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Qualified Tuition Plans (also known as Section 529 Plans) are…

SHARED EQUITY ARRANGEMENT

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A shared equity arrangement is a method of financing the purchase…

STANDARD DEDUCTION

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Most taxpayers are permitted to deduct either a standard deduction…

DON’T FORGET THOSE NOMINEE 1099S

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Article Highlights: Who is a nominee? What a nominee must do Allocating…