Is Your College Student’s Scholarship Taxable? May 1st is the traditional deadline for undergraduate students to commit to their college of choice, which means tuition payments are not far behind. If you’re wondering if your child’s scholarships are taxable, here’s what you should know. First, it’s important to understand how a scholarship is defined. Generally,…
As always, taxpayers should be aware of several key items involving credits, deductions, and refunds when filing their tax returns. Let’s take a look: 1. Recovery Rebate Credit/Economic Impact Payment. In January, the Treasury Department and the IRS began sending the second round of Economic Impact Payments (EIP2) to millions of Americans as part of the…
Watch our Risk, Realignment & Rebuilding Company Value in the Pandemic Webinar Session Overview. A session for bankers and professional advisors on how to look for signs inside their clients to help identify risk factors, provide insight to potentially realign their strategy going forward and to validate or create new drivers and metrics to build…