Skip to Main Content

Tax School Blog

Practical tax insights for working tax professionals.
Written by tax professionals for CPAs, EAs, and tax preparers.

Federal Tax Updates | Business Tax Issues | Individual Tax Topics | IRS Operations | Practice Management | State & Local Tax | Tax School News

Subscribe to Blog

Tax Rules for Rentals and Vacation Homes

Tax Rules for Rentals and Vacation Homes

The rise of booking platforms, like Airbnb and VRBO, makes it simple for taxpayers to rent vacation homes during down times. However, the IRS has clear guidelines for determining personal…
Meet Keith Baum, Tax School Instructor

Meet Keith Baum, Tax School Instructor

This summer we’re providing a more in-depth look at our 2024 Fall Tax School instructors. We firmly believe that Tax School instructors are one of the main things that sets…
Income Exclusions for Members of the U.S. Armed Forces

Income Exclusions for Members of the U.S. Armed Forces

Members of the U.S. Armed Forces are eligible for income exclusions to help increase their take-home pay. Understanding these income exclusions is essential for tax preparers assisting clients in the…
Taxpayer Relief After a Disaster

Taxpayer Relief After a Disaster

Unfortunately, natural disasters are all too familiar in the United States. Each year, severe storms, wildfires, hurricanes, and tornadoes occur nationwide, leaving affected taxpayers in challenging situations. Following a natural…
Meet Jerry Brune, Tax School Instructor

Meet Jerry Brune, Tax School Instructor

One of our greatest strengths at Tax School is our instructors. So we thought we’d spend the summer leading up to 2024 Fall Tax School giving you a more in-depth…
Tax Credits For Higher Education

Tax Credits For Higher Education

Two credits are available to reduce the cost of higher education for taxpayers, their spouses. and their dependents: the American Opportunity Credit (AOC) and the lifetime learning credit. The following…