The withdrawal policies for the 529 plan have changed over the years. From once a relatively restrictive definition of "Qualified Higher Education Expense" or QHEE, it has...
College education can set you back by a substantial sum. In 2017-2018, a four-year course in a private college would entail an expense of about $34,740. It could take you the best...
Posted by Elliot Kravitz, ATP on 09/30/2019
People who claim a standard deduction do not usually have to worry about the latest tax codes. However, when you plan to match your deductions for this tax season, check the latest...
Posted by Debi G Hill, CPA on 05/29/2019
Getting a scholarship is a tremendous help to reduce the amount you may have to borrow to be able to go to college or completely avoid making a student loan. It’s more than being...
Posted by J.R.'S TAX SERVICE on 01/22/2019
Being a parent is definitely a hard job as well as an added expense to your income. When children come, they not only bring blessings but a lot of expense on their hands as well. However,...
Posted by John Pournaras Agency on 12/14/2018
Tax reform impacts on affording colleges entails certain perks for the students who are saving up many for higher education, paying their college tuition fees and most importantly...
Posted by rinehimerbaker on 12/14/2018
While getting yourself in a debt can be a big menace from which it is extremely impossible to get out, you will learn that there it is sometimes quite useful for yourself if you get...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 10/26/2018
A bright future for kidsThe parents who want to envision a bright future for their kids decide to create a 529 saving account. This account gives the parents taxpayers the advantage...
Posted by J.R.'S TAX SERVICE on 09/14/2018
The US government provides different tax incentives for higher education expenses. The tax codes offer man incentives for families who are paying for higher education and repaying...
Posted by Niner's Accounting & Tax Services, LLC on 05/16/2018