Gift Tax | December 7, 2023

        Moceri Minute Use your annual gift tax exclusion before the end of the year. You can give each person up to $17,000 this year, $34,000 if you are married without paying a gift tax, filing a gift tax return, or tapping into your lifetime estate and gift tax...

529 Savings Plans | October 26, 2023

        Moceri Minute 529 Savings Plans were created by Congress in 1996. There are two types of 529 plans, a tuition prepayment plan and a savings (really an investment) plan to which you contribute money to be used later to pay for a student’s qualified education...

Limited Learning Tax Credit | October 12, 2023

        Moceri Minute The Limited Learning Tax Credit (LLC) can be claimed in connection with student currently enrolled in college. The LLC is worth up to $2,000 credit per federal tax return, not per student. This credit can reduce your tax, but is not...