Many students and parents face large tuition bills and loan debts that they fear they will be paying off for many years to come. Fortunately, the federal government recognizes the...
Posted by Maureen Thielen, EA, MST on 04/05/2017
There's no question that there are some really high quality tax credits based on tuition and other education deductions. While many people feel like they have a solid grasp on these...
With the end of the school year already upon many students, or just around the corner for others, it is time to pick out a college for those lucky seniors who just graduated. This...
For many students, receiving a grant or fellowship can provide a welcome break from increasing student loan debt. They can assist in covering expenses, as well as rewarding a student...
If you were a student over the past year at college, you may be wondering if you have to file a tax return or if you can simply be claimed as your parents’ dependent. Working with...
Financial aid is a great way to help pay for your educational expenses. Heading off to college can be expensive with all the tuition and fees, living expenses, and books that you need...
During tax time, it is important to find all of the credits and deductions that you qualify for. Some may be ones you have been claiming for years and others could be new. As your...
Planning for college early on can make a big difference in terms of the amount that you have to help pay for the costs of college. Many people do not plan ahead and then are surprised...
What Income is Taxable?Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable...
Posted by Byron L. Riley, CPA on 04/07/2016