Student Loans
Can a sole proprietor pay $5,250 tax free toward student loans?
The educational assistance program was expanded by the the he Coronavirus Aid, Relief, and Eco-nomic Security Act, aka the CARES Act, to include certain employer payments of student loans paid after March 27, 2020. Originally set to expire after one year, the expansion has been extended through 2025. Payments up to $5,250 may be deducted…
Read More