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…
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…
Understanding the Coverdell education savings plan
In the race for class president, these days Coverdell ESAs are the runner-up next to the increasingly popular 529 plan. But the race for class…
Tax advantages of a 529 college-savings plan
Make the right investment decision to finance your children's higher education.Considering the rising cost of education, the earlier you start your college savings plan, the…
