In the spirit of the “12 Days of Christmas”, Cover & Rossiter presents the “12 Days of Accounting Tips”.

Saving for your child’s college education can be a daunting task, given how quickly and how high education costs have climbed. Fortunately, a 529 plan is a flexible, tax-advantaged way to help accumulate the funds you need for higher education. Not only do 529 plans provide federal tax-free growth and tax-free withdrawals for qualified expenses, but many states offer residents a full or partial tax credit or deduction for contributions to their state’s plan. Click HERE to learn more. #savingforcollege #529plan