{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Tax in Action: Practical Strategies for Tax Pros","title":"The Knowledge Economy Tax Trap: When Education Costs Aren't Deductible","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/ef071b31\"></iframe>","width":"100%","height":180,"duration":3296,"description":"Jeremy breaks down the complex world of work-related education tax benefits, revealing why most educational expenses aren't as deductible as business owners think. He explains the stark difference between limited educational assistance programs that cap benefits at $5,250 annually and business expense deductions that often get rejected by the IRS for qualifying taxpayers for \"new trades or businesses.\" Through real tax court cases involving everyone from IRS agents trying to deduct law school to nurses upgrading their licenses, this episode exposes the narrow window where education costs actually qualify as legitimate business deductions.\nConnect with Jeremy\nhttps://www.linkedin.com/in/jwellstax\nhttps://www.steadfastbookkeeping.com\nSubscribe on YouTube\nhttps://www.youtube.com/@TaxinAction\nEarn CPE for Listening to This Podcast\nhttps://www.earmark.app/\nThis podcast is a production of the Earmark Media","thumbnail_url":"https://img.transistorcdn.com/Ky2dMmDjksNXGZr_rW3qrZ7NO55NpaMQg-0Hi-XDcGo/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9mZTc2/ZmVkMTk4MDRkMjBl/MTQ3ZDQ4YWZjM2Rk/YWE1NC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}