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Tag Archives: college costs

College Education Funding Using Income Shifting strategies [2]

Thursday, January 15, 2009

Continued from [1] If you are shifting earned income (by paying your child to work for you), he or she can earn up to $3000, pay no tax on that amount, and still be claimed as a dependent on your return. But, as I explained before, the problem is that on financial aid forms parents’ [...]

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Financial Aid and Student Loans [1]

Tuesday, December 16, 2008

Many of us will be concerned about paying for college tuition during our lifetimes; with the American economy in its current state, education more and more is becoming a family affair with grandparents, aunts, uncles, and other relatives pooling their funds to help deserving children. The problem is that too many of us are jeopardizing [...]

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