✉news LifeEducation first seen 13 h ago, last 54 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 issued proposed regulations governing an education tax credit in the United States. The proposal was reported by the Journal of Accountancy. The rules would set out how taxpayers claim and administer the credit, and will likely be subject to public comment before being finalised.
Why now: Tax professionals, educators and families are watching how the new rules would affect eligibility and compliance for the credit.
US Treasury DepartmentInternal Revenue ServiceJournal of Accountancy
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- Treasury, IRS propose regulations for education tax credit · Journal of Accountancy
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