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College-age kids: Education credits and dependency

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Gain valuable insights into maximizing education credits and understanding dependency rules for college-age kids. Explore the American Opportunity Tax Credit (AOTC) and Lifetime Learning Credit (LLC), qualifying expenses, effective college savings strategies, cost reduction techniques, and methods to minimize reliance on student loans.

Learning Objectives

At the end of this course, you will be able to:

1.    Explain the American Opportunity Tax Credit (AOTC)

2.    Discuss the meaning Lifetime Learning Credit (LLC)

3.    Explain what expenses qualify for the AOTC and LLC 

4.    Describe the best way to save for college

NASBA CE: 1.0 Hours/Federal Taxation 
IRS:  1 Federal Taxation  
CTEC CE: 1 Federal Taxation 
ACAT CE: 1 Federal Taxation 

NSA Webinar Program Level: Basic
Prerequisites: None   
Advance Preparation: None   
Delivery Method: Group-Internet Based

No refunds or exchanges for cancellations. For more information regarding refund, complaint and/or program cancellation policies, please contact NSA toll-free at 800-966-6679.

NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

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Larry Pon, CPA, EA, USTCP

Lawrence Pon is a Certified Public Accountant (CPA), Personal Financial Specialist (PFS), Certified Financial Planner (CFP), Enrolled Agent (EA), US Tax Court Practitioner (USTCP) and Accredited Estate Planner (AEP) in Redwood Shores, CA.

Mr. Pon has been in practice since 1986 and speaks regularly to tax professionals on the latest tax planning and preparation topics.

Mr. Pon received his BS in Business Administration from UC Berkley and an MS in Taxation from Golden Gate University in San Francisco, CA.

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NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

The National Society of Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/.

NSA has been approved by the California Tax Education Council to offer the above courses to go 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, by phone at (877) 850-2832, or on the Internet at www.ctec.com.