Turn saving tax dollars into a family tradition
2016 may be another good year for families to save taxes. Most of the child- and education-related tax breaks on the table the last several years are available once again to parents — or in some cases to grandparents or to students themselves. And a savings opportunity is now available for people with disabilities and their families. See “ABLE accounts offer a tax-advantaged way to fund disability expenses.”
Make sure that you and your family are taking advantage of the credits, deductions and other tax-saving opportunities that apply to you. Savvy, strategic tax-related decision-making can become a family tradition, if it’s not already.
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