Obama's Proposed College Savings Tax Gave Opposition a Needed Boost

For years, accountants and 529 plan managers have had a long debate as to whether or not technology was a qualified education expense. If it is families could use 529 plan funds for laptop computers, etc. If it isn't families could be subject to a hefty tax penalty if they decide to take college savings money and use it for technology. Accountants believed it was an easy argument to argue in an audit because it's an easy argument to make that technology is necessary for college. 529 plan manager...