Education 529 Plans Archives - Page 2 of 2 - FREE Yourself from IRS Problems

Shamsey Oloko September 30, 2016 Deductions, Education 529 Plans, Education Tax Credit, Expenses Deductions, Qualified Education Expenses 0

Tax Benefits For Education Part 5

This is the fifth part of our multi-part series of blogs on tax benefits for education. Any present or former student should utilize the knowledge, experience and expertise of the tax professionals at the Thorgood Law Firm to ensure that…

Shamsey Oloko March 22, 2016 Capital Gains, Child and Dependent Care Credit, Child and Dependent Care Creidt, Child Support, Child Tax Credit, Deductions, Education 529 Plans, Education Tax Credit, Filing Status, Income Tax, Representation, Tax Credit 0

Who Claims The Kids On Their Taxes, And Other Ways Divorce May Affect Your Taxes

Divorcing couples often wonder who claims the children on their taxes, and in what other ways divorce will affect their taxes. Questions may include which filing status to use after the divorce, and how payments for spousal maintenance and child…

Shamsey Oloko March 7, 2016 Education 529 Plans, myRAs and ABLEs, Qualified Disability Expenses, Roth Thrift Savings Plan 0

Tax Benefits Of MyRAs and ABLEs

In 2015, taxpayers were introduced to two new tax-friendly savings accounts that are designed for individuals who don’t earn an abundance of income, including low-income families which have members that are both young and disabled. ABLE (Achieving a Better Life…