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Taxes and Education

Tax-savvy ways to save for your kid’s college expenses

The tax code provides several ways to defer or avoid taxes while saving for your child's education.   The tax code provides several ways to…


Tax-free Coverdell savings accounts saved by Congress

Coverdell education savings accounts have never really drawn many headlines, even when unexpectedly saved from extinction as part of Washington's "fiscal cliff" deal.Much like the…


What federal income tax form do I file to deduct education expenses?

Certain education expenses can be claimed on your 2010 federal tax forms to lower your tax liability. These expenses are claimed on your 1040 tax…


Education Tax Credits

It used to be that parents spent a lot of time worrying about how they were going to be able to afford to send their…