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Education

Cryptocurrency Taxes

 When you hear cryptocurrency, your mind may automatically jump to big names like Bitcoin and Ethereum. What you may not think of is taxes.…


Education Tax Breaks for Your Federal Return

Lower Your Tax Bill By Claiming Tax Credits & Deductions for Education Expenses   If you, your spouse, or dependent child pursued a higher education,…


Education Tax Credits for Back-to-School

Education tax breaks that can help save you money.   If you pay for the cost of higher education for yourself, your spouse, or your…


Tax Benefits for Education (Part 2)

2021-2022 Federal Education Tax Breaks for College Savings Plans   This article is second in a series titled “Tax Benefits for Education.” Read the first…


Claiming Personal and Dependent Exemptions

When preparing your Federal income tax return, there are two different types of exemptions that you may be allowed to claim: Personal exemptions for yourself…


Tax incentives to send your college graduate to grad school

These days it is more likely than not that your college graduate will be either unemployed or at least underemployed for at least a couple…


How to save on taxes when your college grad moves back home

Qualify for the dependent exemption and deduct $3,800 from your earnings The economy is better than it was, but not ideal, and the job market…


Age features on 529 plans – Risk and Return

Recently, I wrote about a few of the primary features of 529 plans, and I focused on qualities proven to provide higher returns. Suffice it…