Archive

17Aug2017

Preparing for your Child’s Future Education

  Article Highlights: Sec. 529 plans Coverdell Education Savings Accounts American Opportunity Tax Credit The Lifetime Learning Credit Qualified Education Loan Interest Figuring out how to pay for your child’s trade school or college education can be challenging, and the earlier you create your plan and begin executing it, the greater your chances are of
  • 17 Aug, 2017
  • Jacqueline Cran
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04Aug2017

Elusive Employee Business Expense Tax Deduction

  Article Highlights: Employee versus Self-Employed Itemized Deduction Two Percent of AGI Limitation Alternative Minimum Tax Limitation Ordinary and Necessary Requirement One major difference between being an employee and being self-employed is how you deduct the expenses you incur related to your work. A self-employed individual is able to deduct expenses on his or her
  • 4 Aug, 2017
  • Jacqueline Cran
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