Posted by: Michael Hermes, Tax Senior
Millions of students have either started or returned to college this fall. With the ever-increasing costs of a higher education, it’s important that higher-income families try to develop an effective tax-planning strategy to combat some of these increased costs.
Unfortunately, higher-income families generally do not have the availability of need-based college financial aid and must, thus, find other ways to manage the cost of education.
Learn more about tax strategies for college students of higher income taxpayers here.
If you have questions on this, or any other tax or business related issue, please contact the experts at Zinner & Co.