Households filing tax returns in 1996 that moved to a different income quintile by 2005.
Source: Income Mobility in the U.S. From 1996 to 2005, www.treasury.gov.
Data Point: 56%
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The technology assessment engagement
Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.
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Maximizing the higher education tax credits
A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.
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