All Things Taxes

Tax tips and tax alerts from JK Harris

IRS News Alert – Offset education costs

JK Harris | February 25, 2009

Education tax credits can help offset the costs of higher education for yourself or a dependent. The Hope Credit and the Lifetime Learning Credit are two education credits available which may benefit you. Because they are credits rather than deductions, you may be able to subtract them in full, dollar for dollar, from your federal [...]

Education tax credits available for higher education

JK Harris | January 8, 2009

There are currently two education tax credits available to help offset the costs of higher education. If you are attending school for your undergraduate, graduate or professional degree, the Hope Credit and Lifetime Learning Credit may benefit you. Because they are credits and not deductions, you may be able to subtract them in full from [...]