Archive for the ‘Guest Post’ Category

Tax Incentives for Education

Tax Incentives for Education

The cost of postsecondary education is undoubtedly expensive and the amount only rises each year.  Along with educational saving programs and financial aid/awards, there are also attractive tax incentives that may help offset the expensive cost of a higher education. Though the specific sets of rules and amounts vary depending on the state, the IRS has put together various programs and credits in order to help offset the cost of postsecondary education.   These incentives will either effect the parents or the student; it entirely depends on who is paying for the college expenses and if the student is a dependent or not. There are three different tax credit opportunities—the America Opportunity Credit, the Hope Credit and the Lifetime Learning Credit.   There are also tax savvy saving and deduction plans that should not be overlooked. The American Opportunity Credit applies to the first four years of a postsecondary education and is

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Financing Your Child’s Education

Financing Your Child’s Education

Financing your child’s education is likely the single largest expense as parent.  Numerous families find themselves unsure about the best way to pay for postsecondary education costs.   With the growing popularity (and necessity) of a college education, costs have continued to rise but financing options have also increased. It is no surprise that the best plan to finance your child’s education is to start saving early; the earlier the better.   By getting started early, you can ensure that you have the opportunity to take advantage of the best financial saving plans available.  Some of the best educational saving plans to choose from include the 529 Plan, GET Program and the Coverdell Education Savings Account.  Aside from these plans which are specifically set up to save for educational expenses, there are traditional savings accounts and investment opportunities available that will accrue interest – these traditional saving opportunities may not have the

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Ideas for Spicing up your Business During Down Time

Ideas for Spicing up your Business During Down Time

The phase of going through crisis is frustrating but if you make proper use of this time, you can generate benefits for your business. There are times when your business goes into pause mode and you don’t have much to do because work has slowed down. Just sitting idle in down times and waiting for the situation to change will not get you out of it until you do something to change the situation. In order to overcome the challenges during this time, you need to take action. Some of the action you can take for spicing up your business during down time: Re-evaluate your goals: Find out the purpose of your business, set your goals and see that you are working in the right way to achieve them. Goals tell the purpose of your business. Perform marketing of your business: Try to find how many people know about your

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Debt reduction – Can it help you reduce the credit card bills?

Debt reduction – Can it help you reduce the credit card bills?

Having more than one credit card in your wallet is one of the main reasons why you may get entangled into credit card debt. You should understand the need of having your own credit card so that you may not use them unnecessarily. However, if you have swiped your plastic money excessively, you must have already fallen into credit card debt. You may take the help of debt reduction program in this situation to wipe away your credit card bills.If required, ask yourself the important question “can I negotiate credit card debt reduction” before opting for debt reduction so that you can solve your debt problems with the help of it. 4 Important steps that you should consider in a debt reduction program Here are discussed the 4 important steps that you should consider in a debt reduction program. Assess your financial condition – When you sign up with a

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