filed in Credits on Jan.20, 2010
I always thought that one of the best names for anything in the tax law was the Hope Credit. Really – who could take the other side of that argument?
Well, under current law, the Hope Credit has been replaced. Not forever. Just for now. And the new credit is called the American Opportunity Credit. It [...]
filed in Tax Tips on Dec.08, 2009
Over recent year over four million workers lost their jobs in the U.S. For American workers who lost their livelihood, various tax provisions can help soften the blow and assist with the transition to new employment. Please tell your family and friends that have lost their jobs about the following:
Job-hunting expenses The ability to deduct [...]
filed in Education on Aug.20, 2009
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. I am now in the category of parents with a child living away from home.
There [...]