Archives for: "Sep 08 2016"

IRS Proposes Revised Education Credit Regulations

September 8th, 2016
With several tax law changes to education credit requirements over the past two years, the IRS regulations have become outdated. One of the changes requires that taxpayers have received a 1098-T in order to claim the credit… However, buried in the middle of the proposal is a section that taxpayers and preparers can rely on if the regulations do not become final before the next tax year. … more »