What You Should Know about Changes in Education Provisions in the Tax Law

Are you making the most of tax benefits designed to offset some of the high costs of education? The American Opportunity Tax Credit, extended through 2017, provides a tax break of up $2,500 for qualified college expenses. The Act also made permanent several education-related tax options, including a $2,000 maximum contribution amount for Coverdell education savings accounts, which can be used to pay certain elementary, secondary and post-secondary expenses.

Given the many changes, Siepert can help you make sense of the benefits available to you and ensure you’re taking full advantage of them. Contact one of our three offices with your questions.


Siepert’s Goes to College


This week Siepert attended two college career and internship fairs. They were Wednesday, September 26, 2018, at the Rock Valley College in Rockford, Ilinois and the other was Thursday, September 27, 2018, at the NIU Accountancy Career Fair in DeKalb, Illinois. We had a wonderful turnout and met many incredible students. The selection process is going to be a tough one but we are looking forward to working with them. Thank you to all who came out to talk with us and best of luck on your future.

We are looking forward to branching out and attending fairs in the Spring at Wisconsin University.