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Tip of the Week |
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December 16, 2020 |
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Understanding taxes webinar recording available |
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As a financial aid professional, you already face many challenges in reviewing tax documents of students and parents in the verification process, and this year those challenges may increase due to the impact of the pandemic and tax law changes. To help face those challenges, Carolyn Thomas of Thomas & Associates, CPAs, LLC provided important information and guidance about what you should know when looking at tax returns and tax transcripts, such as understanding who should file returns, the various tax filing statuses, and other important guidelines about earned and unearned income. Educational tax benefits also were discussed. The recording is available at mappingyourfuture.org/services/webinararchive.cfm and the presentation handout is available at mappingyourfuture.org/Downloads/MappingYourFutureUnderstandingTaxes2020.pdf. Information on upcoming webinars, such as the "Making it easy to collect needed documents from students" webinar scheduled for January 27 and the "Strategies for making the most of scholarship applications" scheduled for February 2 and February 4, can be found at mappingyourfuture.org/services/webinars.cfm. Contact us at feedback@mappingyourfuture.org or (800) 374-4072 with any questions or suggestions for future webinars. | ||||||||||||||||
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