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Leveraging Tax Breaks to Save on Higher Education Expenses

27 March 2014 10 views No Comment

“The federal government realizes college costs Americans a bundle, so there are tax credits and deductions available to help ease the burden—if only families are aware and take advantage of the incentives. With April 15 just around the corner, [NASFAA] has just come out with a guide to help families understand the available options from credits, which can directly reduce the amount of taxes paid, to deductions that reduce the amount of income taxed,” Education Week’s College Bound blog reports.

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