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Course Information

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CCH CPE Podcast: Education Tax Incentives
July 2007
Sidney Kess and Barbara Weltman with Charles Herbst
Courseware:
 
Downloadable Podcast MP3s
Place your cursor over the title of the podcast. Right click on the title of the podcast and choose "Save Target As..." to the download the podcast to your PC
 
High Quality: 192 kbps
CCHPODCAST_EducationTaxIncentive.mp3 (73MB)
 
Low Quality: 128 kbps
CCHPODCAST_EducationTaxIncentive_low.mp3 (48MB)

Podcast MP3 Audio Player
Click on the Play button to start the streaming audio for this podcast. You may pause your podcast at any time to refer to the Study Questions within the Study Guide. You can use the audio player below to listen to the podcast:
 
 
Podcast PDFs
Study Guide
CCHPODCAST_EducationTaxIncentive_studyguide.pdf (149KB)

Final Exam
CCHPODCAST_EducationTaxIncentive_finalexam.pdf (97KB)

Course Description:

This CCH CPE Podcast focuses an overview of the tax benefits available to those pursuing higher education. Some of the breaks covered encourage saving for college and other help defray the cost of paying for it. Some breaks can be used in combination; others are mutually exclusive. Education Tax Incentives explains all of the 11 major tax incentives for higher education.

Course topics covered include:

  • Qualified Tuition Programs

  • Coverdell Education Savings Accounts (ESAs)

  • U.S. Savings Bond Interest Exclusions

  • Scholarships and Tuition Reduction Plans

  • Employer-Provided Education Assistance

  • Gift Tax Exclusion for Direct Payment of Education Expenses

  • Above-the-Line Deduction for Higher Education Expenses

  • Education Credits

  • Penalty-Free IRA Withdrawals

  • Deduction for Education Costs

  • Interest on Student Loans

  • EGTRRA Sunset Implications

Additionally, helpful planning pointers and linked citations are provided throughout this course.

CPE Exam Details
Price: $35.00
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Credits:  2 CPE
Field of Study:  Taxes
Prerequisites:  None
Level:  Update
CTEC course number:  1075-CE-5944
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
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Credit Available For: Units
CPE 2 CPE
QAS 2 CPE
Enrolled Agent (Accepted by the IRS) 2 CPE
Law (Accepted by the State Bar of California) 2 CPE
CTEC Federal 1 CE
Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.