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Saving for college: Tax breaks and strategies your family should know

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college savings

As higher education costs continue to rise, you may be concerned about how to save and pay for college. Fortunately, several tools and strategies offered in the U.S. tax code may help ease the financial burden. Below is an overview of some of the most beneficial tax breaks and planning options for funding your child’s or grandchild’s education.

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What might be ahead as many tax provisions are scheduled to expire?

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future tax changes

Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections.

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Filing jointly or separately as a married couple: What’s the difference?

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tax filing status

When you file your tax return, a tax filing status must be chosen. This status is used to determine your standard deduction, tax rates, eligibility for certain tax breaks and your correct tax.

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