In the previous years, people who paid for college qualify for the lifetime learning Credit, American Opportunity Credit, or the tuition deduction. The most valuable of these is the...
Posted by The TaxAdvocate Group, LLC on 01/30/2021
Some profound tax changes came around in Jan 2018 with the passing of the Tax Cuts and Jobs Act (TCJA). As a result of this law, the personal exemption was suspended till 2025. It...
Posted by Income Taxes and Bookkeeping LLC on 01/12/2021
With many tax benefits available for education, it is evident that the government is interested in making higher education open and more accessible for many people. It can be...
Posted by One Stop Taxes on 01/20/2021
We want to remind you of the federal education tax benefits you may be eligible for. Making the most of these tax benefits would help reduce spending on higher education.If you're...
Posted by Carmen Garcia on 07/24/2020
The American Opportunity Credit and the Lifetime Learning Credit are currently the two major education credits provided by the government to help students lessen the cost of higher...
Posted by Advanced Accounting & Tax Planning on 02/25/2020
If you are an education tax credits student, it's far without a doubt difficult to manage the cash since it gets costly as you spend more time. There are lots of factors which...
If you've been handing out dollars left and right to pay for school, you may have some benefit on your taxes this season. The IRS has a few education tax credits for parents or students...
Posted by Valderas Financial Solutions LLC on 08/23/2017
There's no question that there are some really high quality tax credits based on tuition and other education deductions. While many people feel like they have a solid grasp on these...
Posted by RONNIE@RLDARDENCPA.COM on 06/07/2017
There are multiple major tax credits for post secondary education that are made available by the IRS, but many tax payers get caught applying one or more of these credits at a time...
Posted by R&L Schuck - CPAs, LLC on 05/09/2017
