tax deducitons

It cost a pretty penny to send your kids to school, but at least the tax law affords some measure of tax relief. Here’s a roundup of five key tax breaks for higher education.

Friday, Feb. 1, 2019 (maybe) -- But more likely, Friday, Feb. 8 or 15... Probably in February, because of the changes to the tax laws this year, and because those with certain tax credits have to wait longer to protect against fraud.

Previously, a business taxpayer could deduct 50% of the cost of qualified entertainment expenses, if those expenses were properly substantiated. This included entertainment that was “directly-related” to or “associated with” the business.

The IRS announced on Tuesday that it has extended the tax deadline by one day to April 18, 2018. The move comes as many tax professionals and individuals encountered difficulties with the IRS website, particularly its Direct Pay system, which allows ...