Congress wants to kill two education tax credits. That would cost American students billions in lost benefits
The GOP leadership in the House has proposed eliminating two education tax credits to save the government $85 billion over 10 ...
Student loan borrowers can get a tax break worth up to $2,500—see who qualifies
If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.
How does student loan interest affect your tax return in 2025? What you need to know
With tax season right around the corner, it is necessary to know our income and expenses and how they affect our tax return.
Ken and Klee explain how the Child Tax Credit is considered a "super" credit for families
The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...
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6 Tax Benefits for New Parents
While adding to your family is an exciting time, a new child also creates some costs you'll want to offset whenever possible. One money-saving move involves revisiting your tax situation. If ...
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2 Big Changes to IRA Contribution and Deduction Limits for 2025
The modified adjusted gross income thresholds used to determine Roth IRA eligibility and calculate contribution limits increased in 2025. The Internal Revenue Service (IRS) recently updated its ...