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Many families set up Section 529 plans to save for college. What happens if your child gets a sizable scholarship or opts for an inexpensive public college over your pricey private alma mater that you saved for — or skips college altogether? Here are some alternatives when the funds won’t be used to pay qualified education expenses for the beneficiary, including a new option.

Intangible assets are critical to most businesses today. For federal income tax purposes, business expenses related to acquiring and creating intangibles may not necessarily be deductible in the year they’re paid. Instead, many of these expenses must be capitalized and potentially amortized over time. Here’s an overview of the tax rules and regulations.

Uncle Sam and many states provide tax incentives for the rehabilitation or renovation of “historic structures.” There are many requirements. Find out if your building qualifies for a valuable federal tax break.

1. Requested an Extension? Avoid Last-Minute Filing
2. Be on the Lookout for a New Fraud Scam
3. Some Tax Help with the Cost of Kids
4. What Can Happen When Taxes Go Unpaid?
5. Revised Dates for Required IRA Distributions

Many people are uncomfortable discussing with heirs how they will distribute their estate. If you don’t discuss your estate plan, disagreements and conflicts could erupt once the details of inheritances are revealed. Keeping heirs informed will alleviate some problems. Continue reading for more details.