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…
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…
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…
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…
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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…
Entertainment expenses are costs associated with activities that constitute recreation or amusement. These expenses include attending sporting events, social events such as parties, stage shows, and other similar costs. Historically,…
