If you’re anxious about sending your children back to school, you’re not alone. Here are five tips for managing your kids back to school.
Five Ways to Manage Back-to-School Stress
3 State Level Tax Hikes That Might Be Coming Due to COVID-19
No surprise, but Americans are consuming and spending less since the coronavirus kicked in. Click here to learn more.
Help for People Struggling to Pay Bills
The impact of COVID-19 has caused many Americans to suffer hardships, one of which is struggling to make ends meet. But take heart; there are solutions.
R&D Tax Credits May be Part of the Next Tax Relief Bill
As the economic impact of COVID-19 lingers and an impending second wave is on everyone’s mind, Congress is already thinking of new legislation to stimulate the economy.
How the Lifetime Learning Credit Works
The lifetime learning credit (LLC) is a provision of the U.S. federal income tax code that lets parents and students lower their tax liability by up to $2,000 to help offset higher education expenses. In this article, learn more about how the lifetime cre
How Do University Endowments Work?
An endowment is a donation of money or property to a non-profit organization, which uses the resulting investment income for a specific purpose. In this article, learn about how does university endowments work.
What Is a 529 Plan?
A 529 plan is a tax-advantaged savings plan designed to help pay for education. In this article, learn more about major types of 529 plans.
All About IRS Form 8863
Taking higher education classes, whether in pursuit of a degree or to acquire additional professional skills, is something the government wants to encourage. To that end, the IRS offers tax credits for post-secondary education expenses. In this article, l
What Are Education Tax Credits?
If you or your dependent is a student, you may want to determine whether you are eligible for one of the two educational tax credits that cover common student expenses. Find out more about these tax credits and how you may benefit from them.
What Is Coverdell Education Savings Account (ESA)?
A Coverdell Education Savings Account is a tax-deferred trust account created by the U.S. government to assist families in funding educational expenses for beneficiaries 18 years old or younger. In this article, learn how a Coverdell Education Savings Acc