Get The Most From Education-Related Tax Breaks

If you have any tax-advantaged education expenses in 2007, be sure to save your receipts so you don't miss a credit or deduction when you file your 2007 taxes. Are you paying for any post-secondary (college) education for you or your dependents? The tuition and fees deduction, the Hope credit and the lifetime learning credit are all available regardless of whether or not you itemize. Check out the IRS article on Education-Related Tax Breaks for some great information on the topic.