TRUMP ACCOUNT UPDATE
As a reminder, Trump accounts come on line 7/4/26 and babies born in 2025 and 2026 who have an account set up, will receive the $1,000 pilot program contribution.
Additionally, Michael and Susan Dell (Dell Computers) have committed $6.25 billion to Trump accounts for children age 10 or under and born before 1/1/25. For these children who have a Trump account set up, Dell will make a $250 contribution to this account, no strings attached. Child must live in a zip code where the median income is less than $150,000. All 82 Mississippi Counties qualify, so all MS children under the age of 10 and born before 1/1/25 can receive the $250 if they have a Trump account set up.
You can establish a Trump account online or with the filing of your return (if not already filed). For new applications and returns already filed, you will receive an email from no-reply@trumpaccounts.treasury.gov to set up and begin funding the account.
Tony’s Tax Tips as featured on WJTV’s Daily Sip
“I don’t judge success by what I once did, but by what I keep doing.”
Contact
➤ LOCATION
497A Keywood Circle
Flowood, MS 39232
☎ TALK WITH US
(601) 933-1986
info@huffmanandcompanycpa.com
Areas of Practice
Since our formation, Huffman & Company, CPA, P.A. has grown to a staff of ten, of which three are Certified Public Accountants. The Firm services nearly 1,000 individual and small business clients. Industries served include: video and film production, construction, auto service, medical, publishing, retail, manufacturing, restaurant, real estate, charitable/financial planning, not-for profits, advertising, legal, insurance, hair salon, and more.