IRS expands relief from underpayment penalty

March 23rd, 2019|Comments Off on IRS expands relief from underpayment penalty

IRS expands relief from underpayment penalty By Sally P. Schreiber, J.D. March 22, 2019 The IRS announced on Friday that it is amending Notice 2019-11 to lower the amount of tax that an individual must [...]

8 College Expenses That Are Tax-Deductible or Tax-Free

March 3rd, 2019|Comments Off on 8 College Expenses That Are Tax-Deductible or Tax-Free

Elyssa Kirkham Updated on June 28, 2018 Editorial Note: This content is not provided or commissioned by any financial institution. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and [...]

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. [...]