Newsletters and Articles We here at McDavid and Company, CPA's feel that an informed client is our best customer. We know that there is a lot of information on the Internet and it can be tough to determine what is valuable. That is why we have selected the following newsletters and articles for you to view.     2007 Year End Tax Planning Letter  Information about tax planning for the year ended 2007.    2008 Tax Season-Three New Tax Laws Information about three new tax laws put into effect for year 2008.    Net Client Newsletter  Information on our Web-based accounting program

Deciding When to Start Receiving Social Security Benefits If retirement is on your radar screen, you may need to consider whether to begin taking reduced Social Security benefits (as early as age 62) or wait until your full retirement age. For some, this decision hinges on nonfinancial factors-the enjoyment they receive from working, for instance. For others, it is strictly a matter of dollars and cents.

S Corporation Changes S corporations are a popular business entity form because of their ability to limit owner liability and provide taxpayer-friendly characteristics. The American Jobs Creation Act of 2004 (2004 Jobs Act) enhanced the benefits of S corporation ownership.

529 or ESA? Choosing a College Savings Vehicle If you have young children, you probably realize you ought to start saving for their college education. And you should start saving as soon as possible to give that money time to grow.