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taxgirl® - tax news, tax info and tax policy

March 31st, 2008

Is Education Important?

As talk of recession increases, I’m hearing more and more folks question the merits of higher education. I have to say, I completely understand where they are coming from…
While it’s true that many jobs require a college education - or beyond (like law) - increasingly, you can find a decent job without a college […]

By Kelly -- 0 comments

November 8th, 2007

Does Mitt Romney Favor Stay at Home Moms?

Mitt Romney has said publicly that parents who home school their children should get a federal tax credit to help offset the expense of teaching. “I also believe parents who are teaching their kids at home, homeschoolers, deserve a break, and I’ve asked for a tax credit to help parents in their homes with […]

By Kelly -- 20 comments

September 26th, 2007

The 3R’s: Reading, ‘Riting and Ripping Off Taxpayers

Whoops. The folks in Harrisburg are calling it an honest mistake but taxpayers aren’t buying it.
They approved a property-tax increase that was higher than allowed by a 2006 law aimed at cutting homeowners’ property taxes.
The state Education Department has ordered the district to return about $60,000 in excess taxes which were paid under a […]

By Kelly -- 0 comments

September 9th, 2007

Sharpen your pencils! School is in session.

Remember that Staples ad where the parent runs down the aisle tossing school supplies into the cart while “It’s the Most Wonderful Time of the Year” plays in the background. That’s how I feel about this time of year.
As the parent of three children, I love back to school. I crave the sense of […]

By Kelly -- 2 comments

September 7th, 2007

Back to School.

Monday marks the official “back to school” date of many schools here in the US. My oldest daughter started last Tuesday and my youngest daughter starts on Monday. It is a busy time.
Around this time, there are a lot of questions that come up about tax deductions for tuition, 529 plans, teacher expenses, […]

By Kelly -- 3 comments

July 16th, 2007

Call for Questions.

I recently received an inquiry from a college professor who had questions about how to report deductions on her person income tax return.
As part of a “back to school” series debuting in a few weeks, please send your teaching/education related questions to me. I’m seeking questions about tuition, deductions, income, scholarships, grants and more […]

By Kelly -- 0 comments