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Tag Archive: Lifetime Learning Credit

Aug 27 2015

Education Expenses: Tax Credits Can Help

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With the start of another school year upon us, the Internal Revenue Service reminded parents and students that now is a good time to see if they will qualify for either of two college tax credits when they file their 2015 federal income tax returns. “Getting a higher education can be costly, but tax credits …

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Sep 25 2014

Tax Benefits for Education

The price of higher education can be expensive for students and parents. The IRS offers these tips about education tax benefits that can help offset some college costs. Tax credits, deductions and savings plans can help taxpayers with their expenses for higher education. A tax credit reduces the amount of income tax you may have …

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Aug 16 2011

Back-to-school budgeting tips

By Jason Alderman Whether you’re a recent graduate going to college for the first time or a returning student, it will soon be time to get to campus – and payment deadlines for tuition and other fees are not far behind. “Be sure not to overlook any tax credits or deductions for education,” said Clay …

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