Sep 17, 2019 | Firm Updates, Individual Tax, Tax Tips
We all know the cost of college is expensive. The latest figures from the College Board show that the average annual cost of tuition and fees was $10,230 for in-state students at public four-year universities — and $35,830 for students at private not-for-profit...
Feb 13, 2018 | Firm Updates, Individual Tax, Tax Tips
Whether you had a child in college (or graduate school) last year or were a student yourself, you may be eligible for some valuable tax breaks on your 2017 return. One such break that had expired December 31, 2016, was just extended under the recently passed...
Aug 8, 2017 | Firm Updates, Individual Tax
Most of the talk about possible tax legislation this year has focused on either wide-sweeping tax reform or taxes that are part of the Affordable Care Act. But there are a few other potential tax developments for individuals to keep an eye on. Back in December of...
Mar 21, 2017 | Firm Updates, Individual Tax, Tax Tips
If you have a child in college, you may be eligible to claim the American Opportunity credit on your 2016 income tax return. If, however, your income is too high, you won’t qualify for the credit—but your child might. There is one potential downside: If your dependent...