With college costing more every year, families are looking for ways to manage their finances. While I covered some great tax credits and deductions for parents, I want to focus on school related tax breaks.
If you are a teacher, you have a lot of planning to do for the upcoming year, but with the end of the calendar year fast approaching, you should also be planning for your tax deductions. Here are five tips to save you money on your taxes.
For many high school seniors and their families, this time of year is busy with college applications sent and replies being eagerly awaited. It also marks FAFSA season as families are filling them out in hopes of getting financial aid. With...
It may seem like you have plenty of time to file your FAFSA, but students can miss out on a lot of potential aid if they don’t file soon. One of the biggest mistakes can be procrastinating on your taxes...
To combat the ever increasing price of college education, the tax code provides some relief via education tax credits and deductions. Here’s what you need to know about the education tax credits and deductions that will save you money at tax-time.
Congratulations on graduating college! Now that you’re done with school and ready to embark on life in the “real” world, it’s a good idea to get a handle on your tax situation. Here are 4 things you need to know about taxes as a college grad.
Student loan interest increased dramatically on July 1, however President Obama signed the Student Loan Certainty Act of 2013, which will roll back student loan interest rates to the lower interest rates charged prior to July 1st. The recent signing of the Student Loan Certainty Act of 2013 will help save millions of students (and parents) money, but how do you save money on student loan interest at tax time?
Whether to pay or not pay for college is a much debated subject. As a parent you have to weigh what’s best for you and your family. For those looking at getting started with the child’s college fund, here are 3 tips on how to save money for the future and possibly save money on your contributions.
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.