| 529 plans, college planning, college tuition payment ideas, state tax deductions, tax minimization planning, tax planning
Is a Contribution to My Child’s 529 Plan a Key Ingredient in a Tax Minimization Plan🎓💲💰
The answer: Yes and No. My post ideas often come from recent discussions with tax clients; this week we spoke with 2 clients about planning/saving for college tuition for their children.. The questions were important (and we were glad to help): One long-time tax client and partner in a law firm who moved from NYS which did offer a “good” current tax benefit (approximately $600 of tax savings from a $10,000… Read more