As you near your graduation day, many of you may feel overwhelmed by the fact that in a short time you will have to start looking for your entry-level jobs. Even more overwhelming is the statistic that before actually entering the labor market, the Institute for...
Blog Category
Education
Maine Educational Opportunity Tax Credit. Are you receiving it?
The Maine Educational Opportunity Tax Credit seemingly, silently began in 2008. I say silently because many people still don’t know about it. The program provides a Maine income tax credit for Maine residents who received an associate’s or bachelor’s degree from an...
WHO SHOULD PREPARE MY TAXES?
If you read my last blog on Getting Organized for Tax Time, you remember that over 150,000,000 Americans will file a tax return this year. Tax preparers and software vendors will dominate advertising space over the next few months. They want to convince you that...
Saving for your child’s future…
Let’s face it, education is expensive. In my last article, I touched on 529 plans, and now there are even better reasons to open this account for your child or grandchild.
Tax Planning as a Family?
Yes, there are many tax breaks available to families, and at PFBF CPAs, we know that planning ahead can save taxes and teach children the value of earning and saving money.