Attending college and pursuing higher education is one of the biggest investments that parents and students ever make. If you or your child (or grandchild) attends (or plans to attend) an institution of higher learning, you may be eligible for tax breaks to help foot the bill.

girl sitting on her bed with a laptop and textbooks; image used for blog post about revised tax breaks for higher education

The Consolidated Appropriations Act, which was enacted recently, made some changes to the tax breaks.

Here’s a rundown of what has changed.


Continue Reading Understanding Revised Tax Benefits for Higher Education

COVID-19 is changing the landscape for many schools this fall. But many children and young adults are going back, even if it’s just for online learning, and some parents will be facing tuition bills. If your child has been awarded a scholarship, that’s cause for celebration! But be aware that there may be tax implications.

pink ceramic piggy bank; image used for blog post about determining if a scholarship is tax-free or taxable

Scholarships (and fellowships) are generally tax-free for students at elementary, middle and high schools, as well as those attending college, graduate school or accredited vocational schools. It doesn’t matter if the scholarship makes a direct payment to the individual or reduces tuition.


Continue Reading Your Child’s Scholarship: Is it Tax-free or Taxable?

Karen: This is PKF Texas, Entrepreneur’s Playbook, and I’m Karen Love, the host and cofounder. Today, I’m here with Annabella Green, the Director of Human Capital and Firm Administration. Welcome back, Annabella.

Annabella: Thank you, Karen. Thank you for having me.

Karen: Our topic is recruiting in this hot Houston economy and you mention