
Know Your Tax Credits - The American Opportunity Tax Credit
by John Cooney on Jan 21, 2020
As we move towards April 15th’s tax filing deadline, I wanted to spend a few blogs on explaining some of the more popular tax credits that may be available to you. Up first, the American Opportunity Tax Credit (AOTC). The AOTC is a credit for qualified education expenses paid for an eligible student during their first four years of higher education. The credit is calculated by factoring