What is a 529 Plan?

January 11th, 2019|Comments Off on What is a 529 Plan?

By: Savingforcollege.com | Updated:  August 29th, 2018 A 529 plan is a college savings plan that offers tax and financial aid benefits. 529 plans may also be used to save and invest for K-12 tuition in addition [...]

FAFSA Tips & Common Mistakes to Avoid

December 20th, 2018|Comments Off on FAFSA Tips & Common Mistakes to Avoid

FAFSA Tips & Common Mistakes to Avoid The best way to complete the Free Application for Federal Student Aid (FAFSA) is early, online, and without any mistakes (download and print our checklist of what you'll need to have on [...]

Tax Strategy: Uncertainties continue in tax planning for 2018

November 13th, 2018|Comments Off on Tax Strategy: Uncertainties continue in tax planning for 2018

Tax planning can help you avoid an unpleasant tax bill on April 15th.  With all the tax reform changes affecting 2018, it is never too late to review your tax situation and make changes now. [...]

  • These are two members of a household that might confer a tax savings to the head of household.

Guide to Filing Taxes as Head of Household

October 2nd, 2018|Comments Off on Guide to Filing Taxes as Head of Household

Most taxpayers file their tax return using the same tax status year after year. But what if you had a life event that changed that? Did you get legally separated or divorced during the year? [...]

  • Student on Laptop

Your 2018 Guide to College Tuition Tax Breaks

September 25th, 2018|Comments Off on Your 2018 Guide to College Tuition Tax Breaks

Here are the details about the three ways tuition could translate into tax savings in 2018. Matthew Frankel, CFP (TMFMathGuy) Mar 17, 2018 at 6:53AM During the tax reform process, there were several proposals that [...]