Whitney Houston IRS Estate Tax Deal
Whitney Houston IRS Estate Tax DealThe estate of the late award-winning singer and actress Whitney Houston has reportedly reached a deal with the Internal Revenue Service to pay $2,275,366 in taxes, far less than the $11.7 million the IRS said it was owed.Houston’s estate and the IRS have been battling over the value of her […]
State Tax Deduction For Private School Tuition
State Tax Deduction For Private School TuitionParents in many states can now get a state tax deduction for private school tuition, thanks to the federal tax overhaul passed last month.A lesser-known part of the new law lets families use state-sponsored 529 college savings plans to pay for expenses such as tuition, books and tutoring for […]