Blog
I've moved my blog to Substack! Subscribe below to keep up with me and access exclusive perks, including live discussions with college planning experts, time to ask me anything, and more.
I've moved my blog to Substack! Check out some of my most recent posts below.
Subscribe now to keep up with me and access exclusive perks, including live discussions with college planning experts, time to ask me anything, and more.
Looking for my older blog posts? Check out my full blog archive below.
Blog archive
Claiming the AOTC
The American Opportunity Tax Credit is usually the best tax benefit available to families. But it has some rules you should be aware of in order to make the most of it.
Free Money: AOTC Claiming Strategies
Once upon a time, the American Opportunity Tax Credit was a pretty simple proposition: Families could get a $2,500 annual tax credit for $4,000 of out-of-pocket college tuition expenses for their dependent student, as long as their income was below the IRS threshold for the credit.
AOTC And New Tax Law
One of the big changes to the tax bill was making our young adult children less valuable to their parents from a tax perspective. The dependent exemption is gone and the child tax credit for 18- to 23-year-old dependents is only $500.
College Tax Credits and Divorce
Divorced parents are probably already well aware that the financial piece of planning for college is mystifying at best. If you’re a divorced parent, I hope this information helps you with your planning.