There are several advantages of going to college. One of the more immediate financial benefits actually involves your taxes. Did you know that there are plenty of tax credits and deductions that can help you lower your taxable income? I want to share some of the biggest ones available right now when you prepare your taxes before the tax deadline. Full story
![College Capital- FAFSA Aid and You [INFOGRAPHIC]](http://i0.wp.com/images.blog.turbotax.intuit.com/swf/TurboTax-FAFSAinfographic.png?resize=140%2C120)
With the average payment for college tuition being at about $20,902, no wondering families and… Full story
As taxpayers, we are always looking for ways to maximize our income. The Internal Revenue Service (IRS) offers certain tax credits to help us with our expenses and savings surrounding two financial issues that are of great importance to our future: our education and retirement. These are some of the credits for which you may qualify and be one step closer to your financial success. Full story
The IRS began accepting tax returns for a vast majority of taxpayers on January 30. … Full story
Teachers and students all said goodbye to the lazy days of summer and headed back to school this fall. Are you one of the many teachers who filed a tax extension last spring, intending to file your taxes this summer? October 15 is the final tax deadline. As you gather together your paperwork for 2011, don’t forget the educator expense tax deduction. Full story
![How Much Does Government Spend on Public Education? [Infographic]](http://intuitturbotax.files.wordpress.com/2012/10/gov-school-spending11.png?w=140&h=120&crop=1 "How Much Does Government Spend on Public Education? [Infographic]")
There has been a lot of debate over government spending lately and whether spending more on education improves public school education. Do know how much your state is spending? Check out our infographic to see how much is being spent across the United States. Full story
Student loans have become a tremendous burden. Even though you can’t escape the payments, are there any tax breaks for student loans? Luckily, most taxpayers who make student loan payments on a qualified student loan will get a little relief. Full story
You’ve raised a child from infancy to adulthood and are now sending them to college. It’s time to celebrate, but it’s also a great time to examine your budget and find ways to lower your expenses while your children are off at college. Here’s some more advice to really lower those monthly expenses.
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Every year back-to-school comes far too soon for not only students, but parents. With the extensive list of books and supplies required and the rise in prices, parents and students are always trying to find different cost saving alternatives. The U.S. economy has impacted back-to-school and back-to-college plans, but take a look at our infographic to find common ways students are buying textbooks to save on these education costs. Full story
When it comes to education tax breaks, it’s important to carefully consider your options, and decide who is going to take what tax break. Parents have to communicate with their kids since the education tax breaks are only allowed to be claimed on either one of your tax returns and not both. Full story
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