All posts by Albert Bergen

Albert Bergen

About Albert Bergen

Albert E. Bergen, CPA is a certified public accountant and income tax professional in Auburn, Maine. Albert has been preparing income tax returns for individuals, S-corporations, C-corporations, LLC’s, partnerships, non-profits, and trusts, as well as preparing compiled and reviewed financial statements for businesses and non-profit organizations since 2005. He holds a Bachelor’s of Science in Computer Engineering from the University of Maine and is working on a Master’s of Business Administration from the University of Southern Maine.

Don’t Incorporate Too Early!

Empty conference table in corporate board room.

The decision to incorporate is often one of the first choices new business owners makes, even before they’ve drafted a business plan or secured start-up capital.  In many cases, this can turn out to be a costly mistake.  While it’s true that incorporating a profitable business can sometimes yield tax savings, most businesses lose money […]

American Opportunity Tax Credit

There are a number of tax benefits available to college students. While these benefits tend to be small compared to the cost of full-time enrollment in a private university, they can still account for a pretty big piece of tuition at Maine’s state universities or community college system. This can be especially true for students […]

Maine 529 Plan Incentives

Qualified tuition plans, more commonly known as 529 plans, offer parents and other relatives a tax-advantage way to save money for college. Taxpayers can fund a 529 plan only with after tax dollars, but the money in the plan grows tax-free, and can be withdrawn tax-free if used for qualifying educational expenses.