Planning Strategies Under the Education Provisions of the New Tax Act
- Use tax savings to lower college costs. Scharin, Bob D. // Accounting Today;1/7/2008, Vol. 22 Issue 1, p18
The article explains the education loan interest deduction in the U.S., as well as tax provisions for students and their parents. It is stated that in 2007 or 2008, tax payers can deduct up to US$2,500 of interest paid on qualified education loans which are used to pay college tuition for the...
- Good news and bad news for exempt organizations under TBR2. Tarlson, Nick G. // Outlook;Summer97, Vol. 65 Issue 2, p47
Describes the excess benefits sanctions imposed on exempt organizations in the United States under the Taxpayer Bill of Rights Two (TBR2) enacted in 1996. Definition of disqualified persons to whom the sanctions might apply; Economic cost of the provisions; Prerequisites to avoid sanctions;...
- How Tax Relief Affects Charitable Giving. // Georgia Trend;Nov2001, Vol. 17 Issue 3, p7
Presents the Tax Relief Act of 2001 passed to Congress for endowments in the United States. Implication of Bill to charitable giving and tax exemptions; Discussions on the coverage of bill; Emphasis on estate planning and charitable gift planning.
- TAX LAW STRIKES HOSPITALS' DEBT CEILING. // H&HN: Hospitals & Health Networks;09/05/97, Vol. 71 Issue 17, p95
Reports that limitations on the amount of tax-exempt bonds a hospital can carry will be eliminated for debt issues under a tax reform plan passed by Congress. Comments by some hospitals on debt ceiling.
- Guernsey. // Accountancy;Jun89, Vol. 103 Issue 1150, p58
Reports on draft legislation on exempt companies in Guernsey.
- Michigan lawmakers seek note exemption. Ferris, Craig T. // Bond Buyer;07/01/98, Vol. 325 Issue 30426, p5
Focuses on Michigan congressmen's decision to petition the United States House Ways and Means Committee Chairman Bill Archer to include a provision in the budget tax bill. Chance for the state's counties to resume issuing tax-exempt delinquent tax notes; United States Internal Revenue Services'...
- Act 4 finetunes the tax code. Dean, J. Gary // Pennsylvania CPA Journal;Fall99, Vol. 70 Issue 3, p3
Reports on the provisions of Act 4, a law that provides tax reductions and expanded exemptions to Pennsylvania individual and corporate taxpayers. Includes the elimination of the state's separate 25 percent passive investment income limitation for S corporation qualifications; Increase in the...
- Bills would allow some private use in bond-financed projects. Resnick, Amy B. // Bond Buyer;12/13/99, Vol. 330 Issue 30786, p5
Focuses on the Tennessee tax legislation that would address private-use questions raised when the United States Internal Revenue Service launched an examination of a stadium financing for a minor league baseball team in Memphis. Identical bills launched by Democratic Representative John Tanner...
- There' s more to the 501(c) Controversy. COOK, BRAD // New Hampshire Business Review;5/31/2013, Vol. 35 Issue 11, p19
The author discusses the availability of tax exemption for nonprofit organizations through the 501(c) legislation in New Hampshire.