Monthly Archives: April 2024

Unlocking Education Tax Benefits: A Guide for Smart Savings

Education Tax Credits and Deductions: Maximizing Savings Whether you’re paying for tuition, fees, or other educational expenses, explore your options for tax credits and deductions. Deductions, like the student loan interest deduction and business-related education expenses, lower your taxable income. Meanwhile, tax credits, such as the American Opportunity Credit and Lifetime Learning Credit, directly reduce […]