As for your taxes, you can qualify for certain tax credits for tuition you paid for her. (thecollegeinvestor.com)
If you file your taxes separately, you can not claim certain tax credits for which you may have been eligible if you were filing jointly. (sapling.com)
Overall, the president has endorsed revenue neutral corporate tax reform, which would involve eliminating certain tax credits and deductions for C corporations and reducing the applicable corporate tax rate. (eyeonhousing.org)