In the past, you could deduct college expenses using the Tuition and Fees Deduction. But this deduction was phased out in 2020, and instead, several college credits have expanded. Here are the two ...

Key Points ・The House Ways and Means Committee passed their budget bill, with several changes and updates to higher education ...

The bill would make permanent a tax deduction that many advisors use, plus widen qualified expenses for 529 savings plans to ...

But the tax cut package that passed the U.S. House and President Trump has dubbed the "big, beautiful bill" may change before ...

If passed into law, the bill would push 7.6 milion people off Medicaid, according to the Congressional Budget Office. Cuts ...

The House narrowly passed its massive GOP tax and spending cuts package on Thursday, sending President Donald Trump’s “one ...

With education costs on the rise, more families are taking proactive steps to secure a brighter future for their children. Join thousands of families nationwide in celebrating National 529 Day by ...

Rather than a tax deduction, investors get a refundable ... in recent years legislation expanded their uses to apply to K-12 tuition and fees, as well as technical schools, trade schools, and ...

Please note Publication 970 states "When figuring an education credit or the tuition and fees deduction, use only the amounts you paid and are deemed to have paid during the tax year for qualified ...

Receiving your first adult paycheck can be exciting, but the excitement could quickly turn to regret if you don't choose the ...