Protecting youth sports leagues from fraud

Protecting youth sports leagues from fraud

Who would defraud a kids’ organization? The answer, unfortunately, is that trusted adults sometimes steal from not-for-profits benefiting children. Youth sports leagues and teams are ripe for fraud. Cash transactions are common, and coaches and board members usually...
Use a Coverdell ESA to help pay for your child’s education

Use a Coverdell ESA to help pay for your child’s education

There are several ways to save for your child’s or grandchild’s education, including with a Coverdell Education Savings Account (ESA). Although for federal tax purposes there’s no upfront deduction for contributions made to an ESA, the earnings on the contributions...