The Education of the Taxpayer from a Business Perspective

MAY 18, 200927 MIN
Ed Zollars' Tax Update Podcast

The Education of the Taxpayer from a Business Perspective

MAY 18, 200927 MIN

Description

Education incentives have been a favorite of Congress in recent years, but this week we look at the old favorite of education as a business deduction, a provision covered by regulations last updated back in 1967.  The Tax Court had cause to look into this in the case of Ray v. Commissioner, TC Summary Opinion 2009-71.Materials for this week's podcast can be downloaded at http://www.edzollars.com/2009-05-20_Education.pdf . The podcast is sponsored by Leimberg Information Services, located at http://www.leimbergservices.com .