Tax Incentives for Higher Education

Sarah_Fischer_thmbMany families understand the value of higher education and desire to help their college-bound children accomplish this goal.

There are numerous ways in which saving and paying for college education can save income tax. The most common benefits include; tax credits, deductions, and savings plans. These incentives have different limitations on the tax benefit, qualifications for education costs and often are limited for higher income taxpayers.

Sarah J. Fischer, CPA
Grand Junction office