ACap ReCap: Financial and Tax Tips
ACap Advisors & Accountants is a boutique fee-only Wealth Management and full-service Accounting firm based in Los Angeles. We handle everything from taxes to investments to risk management and estate planning, providing comprehensive, unbiased financial advice in one location. In our ACap ReCap episodes, we discuss the latest financial news, answer the frequently received financial questions, and share financial tips with you. If you have questions or suggestions email us hello@acapam.com Find more details at https://www.acapam.com/ #financialadvisor #fiduciaryfinancialadvisor #finance #financial #money #wealthmanagement #assetmanagement #investment #tax #taxplanning
ACap ReCap: Financial and Tax Tips
How to Fill Out IRS Form 4547 for Trump Accounts, Step by Step
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Want to open a Trump Account for your child and claim the possible $1,000 government contribution? In this video, CPA and wealth manager Ara Oghoorian walks through IRS Form 4547 line by line, explains who qualifies, and shows exactly how to complete the form correctly.
Learn how Trump Accounts work, who is eligible, contribution limits, and how parents can open the account before funding begins in July 2026.
Trump Accounts are one of the biggest new child investing opportunities created under the One Big Beautiful Bill Act, and understanding the setup process now can help parents avoid mistakes later.
In this video:
• What a Trump Account is
• Who qualifies for the account
• How the $1,000 government contribution works
• Trump Account contribution limits explained
• How to complete IRS Form 4547
• Information needed to open the account
• Online filing vs filing with your tax return
• Important July 2026 funding timeline
• Parent, grandparent, and guardian rules
• Traditional IRA comparison
If you have questions about Trump Accounts, retirement planning, tax strategy, or investing for your children, contact us below.
🌐 Contact ACAP Advisors & Accountants:
https://www.acapam.com/contact/
#TrumpAccount #IRSForm4547 #TrumpAccounts #InvestingForKids #ChildInvestmentAccount #FinancialPlanning #TaxStrategy #RetirementPlanning #WealthManagement #CPA #FamilyFinance #OneBigBeautifulBillAct
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