College funding tool offers: estate planning advantage

Article Abstract:

The authors explain how the Economic Growth and Tax Relief Reconciliation Act of 2001 allows families to fund the future costs of a child's or grandchild's college education at current tuition rates while obtaining added funds through income and estate tax savings and investment returns on college savings accounts.

Analysis, Estate planning, College costs, Higher education costs

---

Educational incentives can be coordinated for greater tax savings

Article Abstract:

The authors outline a number of tax incentives available to taxpayers to enable them to deduct the costs of their children's qualified educational expenses. A method of determining the tax consequences of the various tax credit strategies is provided.

EDUCATIONAL SERVICES, Education, Tax incentives

---

Deferred compensation rewards and retains key employees

Article Abstract:

The authors discuss the tax advantages of nonqualified deferred compensation and the usefulness of such compensation in retaining valuable employees.

Taxation, Employee retention, Deferred compensation

Similar abstracts:

• Abstracts: Courting the voters; free speech rulings allow judicial candidates to speak out on issues, despite ethical canons
• Abstracts: Effective generation-skipping transfer tax planning ideas. Get a jump on the generation-skipping transfer tax rules
• Abstracts: Post-death events considered in determining claim. Estate allowed deduction for care giver's services. Estate tax deduction not altered by post-death events
• Abstracts: International anti-trust cooperation: wave of the future. One market, one money, one law. A US-inspired EU antitrust revolution
• Abstracts: When U.S. employees are granted options from non-U.S. companies. 2002 international developments on the taxation of equity compensation

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.