Sure, college and other educational expenses are insanely high. But there is something you can do about it!
Create a tax-favored Section 127
educational assistance plan for your business.
You see, an educational assistance plan can create extremely valuable tax deductions.
How can you take advantage of this often overlooked money-maker? Easy. Read my new article titled Tax Tips: Sample Educational Assistance Plan.
Three ways our fact-filled article can help you:
- Well tell you the four rules you must follow to be eligible. In order to benefit from a Section 127 plan, the IRS requires that you jump over four hurdles. To see at a glance if you can clear them, take a moment and read the full article.
- We’ll answer the most important questions you have. We’ll use an easy-to-read “questions and answer” format to provide you with the vital information you need to know now. If you want to know if you qualify for Section 127 deductions, read the full article.
- You’ll learn exactly how much money you can save. We’ve plugged in some numbers for a fictional business and created a chart that I really think you should see. Example: If you had two children and used the plan for three years, based on our quite realistic assumptions you’d have saved over $39,000! Want to find out how? Read the full article.