Higher education tax breaks may be overlooked
There are several tax-advantaged provisions for higher education in the tax code that may be overlooked as multiple provisions may cause confusion.
Tag: American Opportunity Tax Credit
Congress permanently extends certain tax provisions
Many provisions of tax extenders bill made permanent in congressional approval.
Tax breaks extended for college savings
The American Taxpayer Relief Act of 2012 extends or leaves intact provisions that may benefit families saving for and funding a college education. 529 plans unchanged The new law did not affect 529 college savings plans, which offer some of the most meaningful tax benefits to savers. Account owners pay no federal income tax on