Education
Is Student Loan Forgiveness Taxable? – Why your IRS federal tax returns hold the answer
What is the New Federal Student Loan Forgiveness Plan? As of August 24, 2022, the Biden Administration announced a three-part plan to cancel certain amounts…
How To File Your Income Tax Return
Tips & Instructions for Preparing & Filing Your 1040 Return Filing your taxes every year isn’t fun, but it is necessary. This article explains what…
Tax Deductions for Student Loan Interest
Federal Tax Break for Interest Paid on a Qualified Student Loan The Student Loan Interest Deduction is an education tax benefit that allows taxpayers to…
Refundable vs. Non-Refundable Tax Credits
There Are Two Main Types of Credits That Can Reduce Your Tax Bill Tax credits, available through the IRS, can bring you a substantial savings…
Taxes & Education
Offset the Cost of Education By Claiming These Tax Breaks on Your 1040 Return Everyone knows that education costs money and tuition is expensive. However,…
Cryptocurrency and Taxes
When you hear cryptocurrency, your mind may automatically jump to big names like Bitcoin and Ethereum. What you may not think of is taxes. However,…
Education Tax Breaks for Your Federal Return
Lower Your Tax Bill By Claiming Tax Credits & Deductions for Education Expenses If you, your spouse, or dependent child pursued a higher education,…
The American Opportunity Tax Credit (AOTC)
Offset the Costs of Higher Education by Reducing Your Income Tax The American Opportunity Tax Credit (AOTC) was originally introduced for tax years 2009 and…
