Higher Education Tax Breaks Aren’t as Easy As 1-2-3

November 4, 2014 

Higher Education Tax Breaks Aren’t as Easy As 1-2-3

Prior to 2014, parents could generally claim one of three sizeable tax breaks for higher education expenses on their personal tax returns: the tuition deduction, the American Opportunity Tax Credit (formerly the Hope scholarship credit) or the Lifetime Le

Ken Berry, JD

 2015 Tax Rates, Credits and Deductions

October 30, 2014 

2015 Tax Rates, Credits and Deductions

The Internal Revenue Service has released annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes. The result is that many tax deductions and credits may be even more attractive in 2014.

Isaac M. O'Bannon