Hi, Brandon Davis with Davis CPA Group. Today I am going to talk about net income versus cash flow of a transaction and also of just business operations. You may be asking me, “Well, aren’t those the same thing?” Well, sort of. Here’s what we’ve got. So whenever a company is in business and we’re generating revenue, so let’s talk … Read More
Save More for College Through the Tax Advantages of a 529 Savings Plan
With kids back in school, it’s a good time for parents (and grandparents) to think about college funding. One option, which can be especially beneficial if the children in question still have many years until they’ll be starting their higher education, is a Section 529 plan. The younger your child the more tax deferred growth they will realize in their … Read More
