| Learning Library Quick Answers Tax Planning |
Answer: There are no legal issues. However, the client should be aware of a gift tax. If the grandparent writes a check directly t....
Scenario: The client has a child with dyslexia. Their town split the cost of the child's private high school tuition as they were ....
Answer: With a C-corp, yes, because the deferred comp will stay within the C-corp. With an S-corp, no, because the deferred comp w....
Answer: No. A married individual filing a separate return can not claim the education tax credits. For more information, refer to ....
Scenario: A client's daughter is a high school student and concurrently enrolled in a local city college. She is the beneficiary o....