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Laura Saunders, Wall Street Journal, Is That College Scholarship Taxable? What Parents Need to Know Before Fall (July 24, 2026): [M]many colleges and universities are required to s...
One of the new features in the tax landscape wrought by the One Big Beautiful Bill Act is a program called Education Freedom Tax Credits. The program supports scholarships for Amer...
The Education Freedom Tax Credit (EFTC) has been much in the news lately. How does EFTC work? Taxpayers can make a donation of up to $1,700 to approved Scholarship Granting Organiz...
New report: 51.7 million kids (91.7% of K-12 students) qualify for Education Freedom Tax Credit scholarships starting 2027. See if your state opted in. The post Nearly 92% Of U.S....
Blaine G. Saito (Ohio State), Granting Tax, 63 Hous. L. Rev. 629 (2026): The U.S. federal tax system is failing to promote the values of democracy and egalitarianism. Powerful inte...
The Treasury Department escalated an effort to strip schools of their tax-exempt status if they consider race in admissions, scholarships or other areas.
Lauren Libby (Ph.D. Candidate, Yale), Theories of University Endowment Taxation, 103 Wash. U. L. Rev. 991 (2026) (reviewed by Mirit Eyal (Alabama) here) University endowment taxati...
A new federal tax credit program could soon open another pipeline of scholarship and education support for Pennsylvania students — but only if the state chooses
When Public Law 119-21, commonly referred to as the One Big Beautiful Bill Act (“OBBBA”), was signed into law last year, most families breathed a sigh of relief. The law made the d...
The new regulation would allow pre-tax payroll deductions, similar to health savings accounts, though other vehicles may offer better benefits.
The U.S. Treasury, led by Secretary Scott Bessent, proposed a new rule that would strip private schools and colleges of their tax-exempt status if they provide targeted assistance...
By Steven Jon Kaplan Prior to 2026, if you made a charitable contribution, then it would go on your Schedule A along with all of your other itemized deductions. In order to get a t...
The Dallas Express reports a significant development involving the federal Treasury Department and IRS. The U.S. Treasury Department and Internal Revenue Service proposed new regul...
Notice 2026-48, August 7, 2026 In division T of the Consolidated Appropriations Act, 2023, Pub. L. 117-328, 136 Stat. 4459 (2022), known as the SECURE 2.0 Act of 2022 (SECURE...
Employer Contributions to Trump Accounts and Nondiscrimination Rules for Dependent Care Assistance Programs, REG-101355-26, 91 FR 16314 (proposed Aug. 11, 2026) The Departme...
NIL money comes with no tax withheld, a 15.3% self-employment tax bill, and a FAFSA hit two years later. Here's how college athletes should handle it. The post NIL Money And Taxes:...
Trump Administration Threatens Colleges’ Tax-Exempt Status Emma Whitford Fri, 09/04/2026 - 03:00 AM Under the proposed rule, any college that adopts or m...
Parents of 51.7 million children now qualify for the new Education Freedom Tax Credit for scholarships, according to a new estimate released by its proponents.
The IRS and the Treasury want taxpayers to take advantage of the federal Saver's Match program for retirement accounts as part of the new TrumpIRA.gov website.
Proposed Removal of a Reporting Requirement for Trusts Whose Charitable Contribution Deductions are Solely for Contributions Made by Passthrough Entities, REG-109082-25, 91 Fed...
Updated for tax year 2026 Teachers are always looking for creative ways to enhance their students’ learning experience. Unfortunately, tight […] The post Tax Breaks for Teachers: H...
A new temporary tax deduction allows individuals aged 65 and older to deduct up to $6,000 in income on their 2025 federal returns, though income limits and other restrictions apply...
As many as 18,000 private schools could have their 501(c)(3) tax exemption status revoked if they are found to violate the new rules, which are expected to go into effect on May 31...
A proposed rule could let families do a “discount Roth conversion.”
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