higher education

Get a Head Start on College Savings

February 28th, 2023|Categories: Accountant, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Education, Scholarships, Services, Tax Advisor, Tax Planning, The Burns Firm|Tags: College Expense, College Savings, CPA Dallas, cpa near me, Education, Education Savings, higher education, save for college, tax, tax advisor, The Burns Firm|

The Brookings Institution estimates parents will spend about $310,605 to raise a child born in 2015 until the age of 17. This figure is adjusted for future projected inflation but [...]

Use a Coverdell ESA to Help Pay College, Elementary and Secondary School Costs

November 7th, 2019|Categories: Accounting, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation|Tags: Coverdell Education Savings Account, CPA, ESA, higher education, saving for school, school expense, The Burns Firm, tuition, use ESA for school costs|

There are several ways to save for your child’s or grandchild’s education, including with a Coverdell Education Savings Account (ESA). Although for federal tax purposes there’s no upfront deduction for [...]