Once again, the U.S. Congress is about to let expire one of the few family friendly policies of the federal government when it comes to paying for college. Tuition tax deductibility is utilized by hundreds of thousands of taxpayers and provides at least some relief toward the soaring cost of college. Unless Congress acts, however, tuition tax deductibility will expire as part of a sunset provision that will kick in on New Year’s Eve - Monday, December 31, 2007. Please leave a comment below and share your views on the importance of Tuition Tax Deductibility and please also sign our online petition to keep this deduction in place. Thank you in advance for sharing your views and for helping to keep this deduction in place for you and your fellow taxpayers who are current and future college parents.

This entry was posted on Monday, December 3rd, 2007 at 11:33 am and is filed under College, College Costs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.