Employers can continue to use educational assistance programs to help employees with undergraduate or graduate-level student loan debt and other education expenses tax-free. Eligible expensesEducational assistance programs can help pay for: Loan paymentsThese programs can be used to pay principal
Out-of-pocket classroom costs could be offset with Educator Expense Deduction
It’s back to school season, and with that comes potential out-of-pockets costs for educators. The Educator Expense Deduction lets eligible teachers and administrators deduct certain expenses from their taxes. Eligible educatorsThe taxpayer must be a kindergarten through grade 12 teacher,
IRS Online Account and identity protection PINs protect against fraudsters
IRS identity protection PINs, or IP PINs, are a vital tool to protect taxpayers from fraudsters trying to steal personal and financial information. Taxpayers are encouraged to establish an IRS Online Account and request an IP PIN. Important things to know about