Catch my latest guest post at TurboTax. This week Tax Breaks For College Students and Their Parents offers an overview of the various tax deductions and credits that higher education can offer you. In some cases you don’t even need to itemize, so this article is worth the reading time, you might find tax savings you weren’t aware of.
Now, for the giveaway – last week was winter break in my state and we were away. I was pleased to find a envelope from my friends at TurboTax with three codes for the TurboTax Premier Online Edition for me to give to three lucky readers. To enter, add a comment and share what you would do to change our current tax code if you had that power. The winners will be based on originality, feasibility, and fiscal responsibility. So “eliminate the income tax,” with no other way to replace that revenue is not going to win. With the tax deadline fast approaching, I’ll start choosing winners as early as this coming Monday. Good luck!