TAX SEASON

The Top Tip for Reviewing Tax Returns

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What would you say?

By Ed Mendlowitz
202 Questions and Answers: Managing an Accounting Practice

Question: I know you have a lot of advice on how to review tax returns. What’s your single best tip?

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Response: I had never thought about this until this question was asked.
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Art Werner: ‘Free Money’ for New Trump Accounts | Quick Tax Tip

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Trump Accounts are for the benefit of children.

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More Werner on Trump accounts.

Quick Tax Tip
With Art Werner
CPE Today

Trump accounts offer a rare chance for a government-funded head start on a tax-advantaged education account.

“The federal government will actually infuse these accounts with $1,000,” says Art Werner. “It’s free money. Just face it, it’s free money.”

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Any child under age 18 with a Social Security number is eligible for a Trump account. Children born between 2025 and 2028 also qualify for a government contribution.

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Art Werner: Five Rules for Trump Accounts | Quick Tax Tip

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These accounts offer unique contribution opportunities, strict investment guidelines, and a pathway to future retirement savings.

Sponsored by True Advisor: The Definitive Success Guide for Client Advisory Services by Hitendra Patil | See Today’s Special Offer
Subscribe to CPA Trendlines podcasts anywhere: Apple, Google/Youtube, Spotify, iHeart, Deezer, Amazon Music, Audible, Player FM, Audacy, RSS.
More Werner on Trump accounts.

Quick Tax Tip
With Art Werner
CPE Today

Art Werner outlines the five key rules advisors and families should understand when considering these accounts.

MORE Art Werner | MORE CPA Trendlines Streaming Network

Designed as long-term savings vehicles for children, these accounts offer unique contribution opportunities, strict investment guidelines, and a pathway to future retirement savings.

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