The Free Application for Federal Student Aid (FAFSA) is a tool that students use to apply for more than $120 billion in federal funds. Unfortunately, each year many students miss out. Even if you don’t think you or your child qualify for federal aid, filling out a FAFSA is important…

Congress decided not to extend this $4,000 deduction for 2017, leaving many parents worried that college will now be more expensive. However, Congress left in place two popular education credits that may offer a more valuable tax break…

Health Savings Accounts (HSAs) are a great way to pay for medical expenses, and since unused funds roll over from year to year the account can also provide a source of retirement funds…

Hiring your children to work in your business can be a win-win situation for everyone. Your
kids will earn money, gain real-life experience in the workplace, and learn what you do every
day. And you will reap a few tax benefits in the process…

Audits are becoming less common. The number of individual tax returns the IRS audited fell
to a 12-year low last year, to just above 1 million. Audits have been steeply declining over the last
five years, which the IRS commissioner said was due in part to declining budgets and a smaller
workforce.