Education Tax Guide FLEXCAST
Available Until
Your Desk
1.0 Credits
Member Price $196.00
Non-Member Price $225.00
Overview
The tax code contains a number of options for reducing the cost of an education. In the Education Tax Guide course, we discuss the tax credits and deductions that can significantly reduce your net education expenditures. The course covers the requirements for each option, what types of expenses are covered, and how your taxable income impacts whether you can take advantage of these benefits.
Highlights
Guiding principles. American opportunity credit. Lifetime learning credit. Qualified tuition programs. Coverdell education savings account. IRA distribution. Student loan interest deduction. Recordkeeping requirements.
Prerequisites
None.
Designed For
CPAs, CEOs, CFPs, accounting managers, and other accounting professionals.
Objectives
Recognize the requirements for taking the American Opportunity Credit. Specify the requirements for taking the Lifetime Learning Credit. Specify how a Coverdell education savings account works. Recognize the tax status of scholarships and fellowships. Specify how savings bond interest can be tax-free for a student.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $225.00
Member Price $196.00