The new federal tax code includes a change to federally backed college savings plans that has some revenue implications for states that have their own plans.
Recently in Taxes Category
October 09, 2018
February 04, 2018
Paul Ryan Said $1.50 More Per Week Is a Big Deal for School Secretaries. Here's the Story the Numbers Tell
A recent tweet from Speaker of the House Paul Ryan highlighted how the new tax code meant $1.50 a week extra for a school secretary. Just what does that mean in context?
January 09, 2018
Some state and local governments are looking at ways to reduce the impact of the tax overhaul President Donald Trump signed into law last month that could have a negative impact on school funding for districts.
December 22, 2017
The Tax Cuts and Jobs Act features shake-ups to how state and local taxes are treated, changes to savings plans that let them be used for private school, and more.
December 20, 2017
Are private schools poised to benefit at the expense of low-income students, thanks to the GOP tax bill? One supporter of school choice says yes.
December 19, 2017
The Senate parliamentarian ruled that a provision in the GOP tax bill giving a tax advantage to money saved for home schooling costs violated Senate rules.
December 18, 2017
The biggest change for schools in the GOP tax reform plan involves state and local taxes and could have a significant impact on school funding. Here's how.
December 15, 2017
After extensive negotiations, a congressional conference committee has agreed to a final tax reform bill that could impact state and local funding and teachers' pocketbooks, as well as school choice.