As parents plan for their children’s higher education, they may choose from an array of tax-favored savings vehicles and deductions and credits. Options include education savings plans, education credits, deduction of educational expenses, education savings bonds, education loans and other alternatives. No single option works best for everyone, but by reviewing the pros and cons of each alternative, families can choose a strategy that best meets their needs.
Tax planning for parents of college students
Great information shared on tax planning for parents of college students. Really helpful.
ReplyDeleteBusiness accountant Brisbane