Mark W. Zion is President and owner of Zion & Company, Inc. The firm was established in 1973 by his father Hugh W. Zion. The business counseling aspect of the practice provides business and financial management advice through financial statement analysis, with emphasis placed on developing tax planning strategies for clients to minimize income and estate taxes while maximizing a client's net worth. Mark's credentials as an Enrolled Agent have granted him the right to practice before the Internal Revenue Service at all administrative levels. In addition, Mark is an Accredited Tax Preparer (ATP) and an Accredited Tax Advisor (ATA) by the Accreditation Council for Accountancy and Taxation. In 2006, Mark received his CFP designation. The CFP® is a globally recognized standard established in the industry emphasizing a comprehensive approach to financial planning. Comprehensive financial planning encompasses all the personal and financial situations of clients, including, but not limited to, personal finances, investments, taxation, insurance, estate and retirement planning. Mark is one of two founding partners of Paragon Financial Services, LLC, a registered investment advisory firm. In his spare time, Mark enjoys hunting, entertaining, and serving on the board of the Harvest Hope Food Bank here in Columbia SC.
The new budget bill passed by Congress on December 20, 2019 impacted both retirement and college savings plans. While many are still waiting for further guidance from the IRS on several details of the bill, we compiled a short list of the major changes that may affect you.
It’s that time of year when everyone can agree on one thing: Paying taxes is a drag. As we progress into a new tax season, follow these tips to help avoid a heavy tax burden this year:
Okay, so maybe not magical…but there are things you can do to rev up engagement in your meetings. After all, it’s likely that you spend at least 25 percent of your professional time in meetings, so why not put a little work into making them more appealing for all those involved. To get you started, give the following five tips a try: