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

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.