Genesis Business and Tax Services

With the federal launch of Trump Accounts scheduled for July 4, 2026, parents and family members who want to jump-start a child’s retirement savings face a rapidly approaching deadline to get accounts activated. But there are still unanswered questions.

Trump Accounts Launch July 4: What Parents Need to Know Trump Accounts launch July 4, 2026. Learn about activation, the $1,000 seed contribution, Form 4547, eligibility, and contribution rules.

Awareness is power.

Save now, save later.

Keep moving forward, no matter what roadblocks you encounter.

Venmo, PayPal, Cash App, Stripe, and other payment apps can create tax reporting obligations for freelancers and small business owners. Learn how Form 1099-K works, what income must be reported, and how to avoid bookkeeping headaches.

How Payment Apps Affect Your Taxes Payment apps like Venmo, PayPal, Cash App, and Stripe can trigger tax reporting. Learn Form 1099-K rules and how to stay compliant.

Youth sports can have surprising tax implications. Learn when sports expenses, charitable activities, medical costs, and NIL income may qualify for tax benefits.

Youth Sports, Taxes, and NIL Income Learn when youth sports expenses may qualify for tax credits, deductions, medical expenses, charitable giving, or NIL business income.

From Venmo income to freelance gigs and creator revenue, many Gen Z workers are facing unexpected tax bills. Learn how side hustle taxes work and how to avoid common mistakes.

Gen Z Side Hustle Tax Traps to Avoid From Venmo payments to freelance income and creator earnings, Gen Z workers need to understand side hustle taxes to avoid costly surprises.

Investing in your financial future matters. Investing in knowledge matters even more.

A temporary tax break allows eligible workers to deduct qualified tips from 2025 through 2028. Learn who qualifies and the reporting rules that apply.

Tip Deduction Rules Every Tip Earner Should Know Learn who qualifies for the new federal tip deduction, reporting requirements, income limits, and key rules for employees and self-employed workers.