DiSabatino CPA Blog

DiSabatino CPA Blog

A blog by Michael DiSabatino CPA with topics on Tax Savings, Business, Management and more...

Check the "support" test to maintain dependent deductions

Check the "support" test to maintain dependent deductions

Check the "support" test to maintain dependent deductions

Keep your college student qualified as your dependent by meeting the "support" test. Generally, your child cannot provide over...

Continue reading
Rate this blog entry:
0
33503 Hits

May 2015 DiSabatino CPA Newsletter

May 2015 DiSabatino CPA Newsletter

news header

In this issue:

  • A First Job
    Your Introduction to Taxes  
  • Five Interesting Consumer Inventions  
  • Change a Little... Save a Lot  
  • Financing for College? Be Creative.  

This month:

  •  May 10th:
    Mother's Day
  • Check May 25th:
    Memorial Day

Continue reading
Rate this blog entry:
0
27720 Hits

College Tax Savings: 2014 EditionEvery little break helps

College Tax Savings: 2014 EditionEvery little break helps

 

College Tax Savings: 2014 Edition
Every little break helps

 

With the start of school just around the corner, it is hard to ignore the high cost of funding a college education. Thankfully, there is some help within the tax code. Outlined here are three of the more popular ways to reduce your taxes in 2014 as a result of this educational expense burden.

Who Qualifies:

Typically you, your spouse, or a dependent who can be claimed as an exemption on your individual tax return

Qualified Expenses:

Tuition and fees, course-related books, supplies and equipment

Continue reading
Rate this blog entry:
1
28888 Hits

Get 'extra credit' for your kids in college

HARVARDGet 'extra credit' for your kids in college

The price tag on a college diploma keeps going up, but at least you might be able to salvage some tax benefits if you're paying the tab.

An Example: If your child is attending college this fall, you may have a chance to claim an enhanced tax break for higher education expenses.

Continue reading
Rate this blog entry:
2
29135 Hits
 

Speed Up Your Success!

Contact Us Today: 1-805-389-7300

© 2006-2018 Michael DiSabatino, CPA. All Rights Reserved.