Tag: deductions

Shortcut to Super College Savings Plan

March 19, 2014 | By Steven DiGregorio

For parents looking to plan a college education, here are three numbers that will make the task much easier:…5… 2… 9! We’re talking about 529 college saving plans, which are named for the IRS tax code that created them. With a 529, you can save for college tax-free, as long as the money is used […] READ MORE

Dodge Alternative Minimum Tax through AMT-Free Municipals

June 18, 2012 | By Steven DiGregorio

Some holders of municipal-bond funds will be in for a surprise next tax season when it turns out that their tax-free investments are subject to tax after all. But others won’t get stung because they have chosen the right municipal funds — those geared to avoiding the alternative minimum tax. The AMT is a separate […] READ MORE