Federal tax topics

Clients responsible for financing the higher education of college-bound relatives are faced with many critical economic decisions. Assisting a client in making these decisions in an educated manner will allow them to accumulate sufficient resources. The transfer of wealth from one generation to anot...

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Bibliographic Details
Published inPennsylvania CPA Journal Vol. 68; no. 3; p. 4
Main Author Thomas, Jeffrey S
Format Trade Publication Article
LanguageEnglish
Published Philadelphia Pennsylvania Institute of Certified Public Accountants 01.10.1997
Subjects
Children & youth
Cost control
CPAs
Customer services
Financial aid
Financial planning
Funding
Gift taxes
Government grants
Grandparents
Higher education
Loans
Parents & parenting
Planning
Qualified tuition programs
Student financial aid
Tax services
Tuition
United States > US
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Summary:Clients responsible for financing the higher education of college-bound relatives are faced with many critical economic decisions. Assisting a client in making these decisions in an educated manner will allow them to accumulate sufficient resources. The transfer of wealth from one generation to another is the most expedient way to fund a college education. Gifts from parents, grandparents or other generous individuals can occur at any point along the college planning timeline.
ISSN:0746-1062