It may come as a shock to most online degree
students, but did you know that once you begin to look for a job after
graduating, many of your costs are tax-deductible? This may be
especially important news for online accounting degree students, who will be taking tips like these into their new professions.
The Internal Revenue Service (IRS) Publication 529 provides details for deducting job-search costs, including expenses to prepare and print a resume, agency fees for a job search, telephone expenses, and certain travel and transportation expenses to and from interviews (even if you're looking in the same geographic area where you currently live).
Even if you're already in the field, advanced online accounting training can help you move forward in your profession and integrate your knowledge of new IRS policies and tax deduction regulations. Within the online accounting field you'll find a wide range of programs offering certificates, associate of arts degrees, bachelor's degrees, and master's of science in accounting degrees.
Accounting majors also learn about deducting some costs of their online education, too. According to IRS Publication 970, many qualified financial aid programs, scholarships, and education credits apply on federal tax savings. There are also the tuition and fee deductions, student loan interest deductions, and lifetime learning credits to consider.
Online learning offers more advantages than immediately meet the eye.
Source
Internal Revenue Service
The Internal Revenue Service (IRS) Publication 529 provides details for deducting job-search costs, including expenses to prepare and print a resume, agency fees for a job search, telephone expenses, and certain travel and transportation expenses to and from interviews (even if you're looking in the same geographic area where you currently live).
Using Your Online Training to Your Advantage
Knowledge of tax deduction options is just one of the many advantages of an online education in accounting and bookkeeping. When you consider flexibility and the number of available online accounting degree programs, there's hardly an excuse for putting off accounting training if it appeals to you.Even if you're already in the field, advanced online accounting training can help you move forward in your profession and integrate your knowledge of new IRS policies and tax deduction regulations. Within the online accounting field you'll find a wide range of programs offering certificates, associate of arts degrees, bachelor's degrees, and master's of science in accounting degrees.
Accounting majors also learn about deducting some costs of their online education, too. According to IRS Publication 970, many qualified financial aid programs, scholarships, and education credits apply on federal tax savings. There are also the tuition and fee deductions, student loan interest deductions, and lifetime learning credits to consider.
Online learning offers more advantages than immediately meet the eye.
Source
Internal Revenue Service
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