Mobile T-A-X and Finances

05/29/2026

National 529 Day – Did You Know?

If you put money into a 529 education savings plan, earnings may be withdrawn federal income tax-free when used for qualified education expenses. Qualified expenses can include tuition, fees, books, supplies, computers, and for students enrolled at least half-time, certain room and board costs.

While 529 contributions are not deductible for federal income tax purposes, many states offer a full or partial state income tax deduction or credit for contributions. Some states and plan sponsors may also offer special incentives around National 529 Day.

Recent law changes expanded the use of 529 plans. In 2026, up to $20,000 per year, per student, may be used for qualified K–12 education expenses at public, private, or religious schools. Prior years were generally limited to $10,000 annually.

05/21/2026

Qualifying Dependents – Did You Know?

In addition to your children and parents, a number of other individuals may qualify as your dependents for tax purposes. Important factors can include the person's income, how much support you provide, and how much of the year the person lives with you. In some limited cases, even a non-relative who lives with you year round as a member of your household may qualify as a dependent.

05/21/2026

Health Savings Accounts - Did You Know?

Changing jobs? If you have a health savings account (HSA), you can take it with you. Unlike flexible spending accounts (FSAs), which are usually tied to your employer, your HSA belongs to you. You can continue using your HSA funds after leaving the job where you opened the account. However, you may make new HSA contributions only if you remain eligible to contribute. To remain eligible, you generally must be covered by an HSA-eligible high-deductible health plan (HDHP) and have no disqualifying coverage

05/04/2026

Leadership begins with self-care. 🌟 When you fuel your own passion and energy, you empower those around you to shine. Remember, a strong business reflects a strong leader! 💪✨

04/30/2026

Updated Withholding Estimator Available for 2026

Having the right amount of tax withheld from your pay protects you against unpleasant spring surprises, while ensuring that you do not unnecessarily sacrifice take-home pay. The IRS recently made important updates to its Withholding Estimator tool (link below), to account for tax law changes enacted in 2025. Those changes include the "No Tax on Tips" and "No Tax on Overtime" deductions, the car loan interest deduction and special deduction for seniors, and the new deduction rules for charitable donations.

Verifying the accuracy of your withholding a couple of times a year is especially important if you and your spouse both work, or if you owed tax this spring, work multiple jobs, or have self-employment or investment income. It is also a good idea to complete a withholding checkup anytime you experience a major life change like marriage, or the birth or adoption of a child. Using the Withholding Estimator typically takes 25 minutes or less, and you do not have to log in or provide any personally identifying information. If an adjustment to your withholding is needed, the tool can help you complete a new W-4 form to submit to your employer.

IRS Withholding Estimator Tool: https://www.irs.gov/individuals/tax-withholding-estimator

04/30/2026

There’s power in taking risks in life and business. How can you challenge yourself today? Imagine what you can gain from taking a leap and reaching out for your goals. 🏆🎯🥇

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04/27/2026

🚀 Welcome any challenges you may face on your journey to success—these moments are the true stepping stones to your greatest achievements! 💪 Think of every obstacle or strange new experience as an opportunity for growth. Whether you’re advancing your career, working on your health, or learning a valuable skill, the road toward your goal may be tough. But just remember: diamonds are created under pressure.

What new challenges will you take on this week?

manageyourmoney finance savings budget taxplanning

04/24/2026

Access these tools to help slash your costs and planning time.

Get tips from a sales professional on how to handle customer conflict.

04/23/2026

Embrace your personal values to become a more authentic leader.

Learn why your business success is inextricably tied to your values.

04/22/2026

Does an early retirement seem like a dream? It doesn’t have to be with careful planning.

Getting familiar with various investing options, planning for ongoing healthcare needs, and saving for retirement in segments may help you reach your goal. Get in contact today to find out how to make early retirement happen for you.