Tag Archives: educator expense

Eligible educators can deduct up to $250 ($500 if married, joint filers are both educators) for any related expenses they incur which are not reimbursed by any party. Similar to trade or business expenses, qualifying educator expenses may include things like books, supplies, technology, equipment and supplemental material you may need within the class. If […]

Read more

Several federal tax provisions have expired as of November 2013, and Congress has yet to respond to the issue. While the public waits for Congress to approve extender legislation, which probably won’t happen until late December at the earliest, there are a few changes that will significantly impact taxpayers filing for 2014. Industry specialists suggest […]

Read more