Get Creadit Card News right-img
  • About CreditCardNewsUpdates.com
  • CreditCardNewsUpdates.com offers all the professionals with effective and latest credit card updates.

    Side by side at CreditCardNewsUpdates.com you can read most recent industrial news that gets affected with your credit services.
Read More
right-img
 
Previous Next
  • Levine, Jacobs & Company, LLC, Senior Member Offers Tax Advice on 529 Plans
  • July 20, 2022
  • Michael Karu, CPA/CFF quoted in personal finance article.

    Michael H. Karu, CPA/CFF, Member, Levine, Jacobs & Company, LLC., was highlighted on NJMoneyHelp.com and NJ.com where he clarified withdrawing from 529 plans and the impact on taxes.

    Karu stated, “The only portion of the distributions from 529 plans that are taxable when the funds are not used for qualified educational expenses is the increment between the contributed amount and the withdrawn amount.” He further elaborates, “As a precaution, you should check with the fiduciary to confirm t...
  • View more at: https://www.1888pressrelease.com/levine-jacobs-company-llc-senior-member-offers-tax-advi-pr-710253.html