Education
Parents and Students: Check Out College Tax Benefits
In general, the American opportunity tax credit, lifetime learning credit and tuition and fees deduction are available to taxpayers who pay qualifying expenses for an eligible student. Eligible students include the primary taxpayer, the taxpayer’s spouse or a dependent of … read more
Making One Step in Your New College Students’ Application Process Easier
I often get calls from clients that are attempting to fill out the Free Application for Federal Student Aid (FAFSA). This application can appear cumbersome and complicated. Fortunately, the IRS and the Department of Education have teamed up to make … read more
Section 529 Plans Questions Answered
Have you heard of a Section 529 Plan? A Section 129 plan is an educational savings plan usually operated by individual states. These types of plans are structured to encourage families to put aside funds for future education expenses for … read more
Managing Expectations
When a trusted advisor tells you that the project you are waiting for will be done by the end of the week, you expect the project to be done by the end of the week. When Friday rolls around and … read more
Henry & Horne, LLP Tax Internship Program
Since 1957, Henry & Horne, LLP has been one of the leading accounting firms in Arizona. One of the reasons is our Tax Internship program. The first intern started back in 1996, and through the years there have been 17 … read more
Instruct the Instructor – or What to Do on Saturday that Does Not Involve Laundry
As I mentioned last week, Andrea Hejnal-Hilger and I have volunteered to teach Volunteer Income Tax Assistance (VITA) volunteers how to prepare tax returns. So, we have both completed our certification process through the Advanced level, which is required in … read more
I Started as an Intern
I was thinking back a few years ago when I started the 2006 Tax Season as an intern at Henry and Horne. I was really excited to have the opportunity to see what it was like to work in a … read more
Off to College
As my oldest daughter and I were shopping and gathering supplies – including those she confiscated from our house – in preparation and anticipation for her initial semester as a freshman at the University of Arizona, something occurred to me. … read more