✉news LifeEducation first seen 11 h ago, last 41 min ago, peak #5
Treasury and IRS propose rules for education tax credit
Original: Treasury, IRS propose regulations for education tax credit
The Treasury Department and the Internal Revenue Service have released proposed regulations governing an education tax credit. The guidance, reported by the Journal of Accountancy, would set out how the credit is claimed and administered. Tax professionals and education advocates are expected to review the rules and may submit comments before they are finalized.
Why now: New proposed federal tax rules directly affect taxpayers, schools and practitioners who follow education credit guidance.
US Treasury DepartmentInternal Revenue Service
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- Treasury, IRS propose regulations for education tax credit · Journal of Accountancy
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