Ask The Taxgirl: Payments To Preschool
It’s “Ask the Taxgirl.” Today’s question focuses on whether tuition may be deductible as a charitable contribution.
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Citing Security Concerns, IRS Says Student Loan Tool Will Remain Offline
The Internal Revenue Service (IRS) and Federal Student Aid (FSA) have announced that the Data Retrieval Tool (DRT) on fafsa.gov and StudentLoans.gov will remain unavailable until extra security protections can be added.
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You Spring Forward For Daylight Saving Time Because Of Energy Policy, Not Farmers
Daylight Saving Time (DST) is the second Sunday in March. But that’s not always been the case. Here’s what you need to know about we ended up with the modern day schedule – and its link to energy & tax policy.
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Would You Lie About Where You Live To Get Your Child Into A Better School?
Would you lie in order to send your child to a better school? Some parents are willing to take the chance – despite the fact that stealing an education can land you in jail.
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Back To School: Tax Breaks For Food Allergies, Celiac Disease & Other Special Diets
In addition to factoring in food allergies, many parents struggle with accommodating additional dietary restrictions. If you have to pay out of pocket to keep you or your child healthy, can you claim a tax benefit? Here’s what you need to know.
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Back To School: What You Need To Know About FAFSA, Dependency & Your Tax Return
f you’re heading for college, or have a child heading for college, chances are that you’ve been asked to fill out a Free Application for Federal Student Aid, or FAFSA. Here’s what you need to know about FAFSA, filing as a dependent, and sorting out your tax returns.
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Back To School: Tax Credits & Tax Deductions To Help Pay For School
Paying for college can be expensive. Fortunately, there are a few tax breaks available to help offset those costs. Credits are great because they are dollar for dollar reductions in your taxes while deductions reduce your income subject to tax. Here’s what you need to know.
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Back To School: Educational Assistance From Your Employer
To help defray the cost of education – and perhaps make you a more valuable employee – some employers offer to pay some costs of getting a degree, or simply taking credits, using an educational assistance program. Educational assistance programs are the equivalent of free money offered by employers and are considered fringe benefits to employees. Here’s what you need to know.
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Back To School: Deducting Student Loan Interest (Even When You Don't Pay It)
As the cost of a college education continues to climb, more and more students are taking on student debt. Collectively, as a country, we currently owe nearly $1.4 trillion in student loans. That balance is growing at a rate of $2,726.27 every second. Fortunately, there’s a tax break available to help ease some of the pain of paying it back.
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Sorting Out Tax Breaks For College, Even When You're Still In High School
Can parents of high schoolers take a tax break for educational expenses? Here’s what you need to know.
