Tax Law Changes
As you are aware, Congress made some significant changes to tax laws for 2018 and beyond. Among the changes is a provision that allows families to use a tax-advantaged 529 savings plan to pay up to $10,000 per year per student towards tuition for K-12 education. These plans were formerly available only for higher education. In addition, while charitable donations remain deductible, changes to the law may impact the way you choose to structure your giving to Bear Creek and other worthy organizations.
I urge you to talk with your financial advisor to determine the best approach for your family in light of the new laws.
State of the School 2017
Thank you to the many parents who attended the annual State of the School presentations in early October. If you were unable to attend and would like to view the information presented, you will find it here.