Back-to-School Tax Breaks, Educator's Deductions

Another school year is in full swing. Whichever side of the desk you sit on, you may find some tax benefits waiting for you. Being aware of them now is the first step toward claiming them on your tax return next year.

If you're an educator, you may be able to deduct out-of-pocket expenses for books or classroom supplies, but this break won't last long — check out the details and limitations on the educators' deduction.

If you're a student, or your dependent is, there may be several ways that you can cut your taxes because of higher education expenses or student loan interest you paid — read the Good News for Students

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Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.