Tax Tips Videos
The American Opportunity and Lifetime Learning tax credits offer breaks for families of college students. Emancipating your child, buying off-campus housing, and gifting appreciated assets to use for tuition are additional strategies to consider. Plan to deduct part of your child’s college tuition as a business expense and save A LOT in taxes!
Got that college acceptance letter? Need to know how to pay for school? Section 529 plans, Education Savings Accounts, U.S. savings bonds, and permanent life insurance policies all offer tax advantages for your family’s college savings.