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Tax Credits and Deductions

College Cash Flow Planning

As you get closer to college, the question of how to pay for it transitions from “how to save for it” to “how to pay the bills for it.” Many families have some savings and supplement that with cash flow and borrowing. The question is always, when do you use savings versus cash flow versus borrowing?

2015 529 Contributions

Tax day is approaching and you may be looking for additional deductions for 2015. Can you still make a deductible contribution to your 529 plan? It depends. Since 529 contributions are only deductible at the state level (and only in states that have a tax deduction for the contributions), each state sets its own deadline. Fortunately it’s not as arbitrary…

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