A few tax tips for parents with college-bound children

Durkin, Karen
August 2008
Las Vegas Business Press (10712186);8/18/2008, Vol. 25 Issue 33, pP30
The article presents tax tips for parents with children who are bound for college. According to the author, parents running a business can offer college tuition reimbursement benefit to their employee which can be used as tax deduction to the business. It notes that parents can use the options for tax advantages from their personal taxes. The availability of Hope Credit to allow the parents to claim up to $1,800 for qualified education expenses paid for each eligible student is mentioned.


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