MYCPE ONE

Education Tax Benefits 1 Credit 5 Credits 1 Credit

Oct 14, 2025, 02:00 PM EDT

Education Tax Benefits 1 Credit 5 Credits 1 Credit

Educational Tax Credits Latest Update

  • Rating

    4.7

  • Reviewed on

    February, 2025

    Reviewed on

    February, 2025

  • Subject Area

    Taxes

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Oct 14, 2025, 02:00 PM EDT

Access to this course is included with a MYCPE ONE subscription.

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Important Note: This course was developed prior to the enactment of the One Big Beautiful Bill (OBBB), and content may not reflect the latest tax reforms. We are actively updating our courses to reflect the new legislation.

If you want to attend courses related to OBBB, please click here.

Important Note: This course was developed prior to the enactment of the One Big Beautiful Bill (OBBB), and content may not reflect the latest tax reforms. We are actively updating our courses to reflect the new legislation.

If you want to attend courses related to OBBB, please click here.
AI Review Summary

Generated by AI based on all course reviews

Learning Objectives

  • Explain eligibility for AOC and LLC education tax credits.
  • Explore the impact of scholarships on education-related tax credits.
  • Maximize deductions available for student loan interest.
  • Know about 529 plan rollovers and state tax issues.
  • Determine business deductions for self-employed education expenses.

Course Overview

Understanding education-related tax credits is crucial for taxpayers seeking to maximize financial benefits during tax season. Many taxpayers miss opportunities to save due to confusion over which credits apply to them and how to properly claim them.

This CE Course will cover key tax credits such as the American Opportunity Credit (AOC) and the Lifetime Learning Credit (LLC), as well as education savings tools like 529 plans and Education Savings Accounts (ESAs). We will also explore the impact of scholarships and student loan interest deductions, giving you a comprehensive understanding of how these benefits can reduce tax liabilities. We'll also explain how tax-free scholarships can affect the amount of expenses eligible for these credits and review the rules regarding student loan interest deductions.

Additionally, we’ll discuss 529 plan rollovers to Roth IRAs, an exciting new option for saving beyond educational expenses. This rollover has state conformity issues that may affect its tax treatment, so understanding these nuances is essential for maximizing savings and avoiding unexpected tax liabilities.

Key topics covered in this course:

  • American Opportunity Credit and lifetime learning credit
  • 529 plans and education savings accounts
  • Student loan interest
  • Tax preparer due diligence

Join this CE Tax Course and learn how to maximize education tax benefits for your clients and how to webinar your due diligence to ensure proper application of credits in light of AGI, lifetime, and return limits.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 1 CPE Approved
Federal Tax Law Update for Enrolled Agents (EA) (Approval No. GEHNZ-U-02241-24-S) 1 CE Approved
Federal Tax Law Update for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-U-02241-24-S) 1 CE Approved
California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-01811) 1 CE Approved
Taxes for Personal Financial Specialist (PFS) 1 CPE Eligible
Federal Tax Law Update for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-U-02241-24-S) 1 CE Approved
Chartered Financial Consultant (ChFC) 1 CPE Eligible
Federal Tax Law Update for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-U-02176-24-S) 1 CE Approved
Taxes for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Approved
Taxes for Retirement Income Certified Professional (RICP) 1 CPE Eligible
Federal Tax Law Update for LTC (Approval No. GEHNZ-U-02241-24-S) 1 CE Approved
Taxes for Financial Services Certified Professional (FSCP) 1 CPE Eligible
Taxes for Wealth Management Certified Professional (WMCP) 1 CPE Eligible
Taxes for Chartered Advisor in Senior Living (CASL) 1 CPE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Approved
Taxes for Maine Licensed Public Accountant (ME-LPA) 1 CPE Approved
Taxes for Chartered Special Needs Consultant (ChSNC) 1 CPE Eligible
License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 5 CPE Approved
Enrolled Agents (EA) (Approval No. GEHNZ-T-00906-22-S) 5 CE Approved
Annual Filing Season Program (AFSP) 5 CE Approved
Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-00906-22-S) 5 CE Approved
Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-00906-22-S) 5 CE Approved
Certified Wealth Strategist (CWS) 5 CPE Eligible
Certified Fiduciary and Investment Risk Specialist (CFIRS) 5 CPE Eligible
License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 1 CPE Approved
Federal Tax Law Update for Enrolled Agents (EA) (Approval No. GEHNZ-U-02241-24-O) 1 CE Approved
Federal Tax Law Update for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-U-02241-24-O) 1 CE Approved
Tax Planning for Certified Financial Planner (CFP-US) (Approval No. 333001) (Valid upto : Dec 31, 2025) 1 CE Approved
Federal Tax Law Update for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-01811) 1 CE Approved
Taxes for Personal Financial Specialist (PFS) 1 CPE Eligible
Federal Tax Law Update for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-U-02241-24-O) 1 CE Approved
Taxation for Chartered Financial Consultant (ChFC) 1 CPE Eligible
Federal Tax Law Update for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-U-02241-24-O) 1 CE Approved
Taxes for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Approved
Taxes for Retirement Income Certified Professional (RICP) 1 CPE Eligible
Federal Tax Law Update for LTC (Approval No. GEHNZ-U-02241-24-O) 1 CE Approved
Taxes for Financial Services Certified Professional (FSCP) 1 CPE Eligible
Taxes for Wealth Management Certified Professional (WMCP) 1 CPE Eligible
Taxes for Chartered Advisor in Senior Living (CASL) 1 CPE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Approved
Taxes for Maine Licensed Public Accountant (ME-LPA) 1 CPE Approved
Taxes for Chartered Special Needs Consultant (ChSNC) 1 CPE Eligible

Additional Information

Credit

1

Credit

1

Credits

5

Course Level

Intermediate

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

IRS APPROVED

MY-CPE LLC, in accordance with the standards set forth in Circular 230 section 10.6, grants Continuing Education (CE) credits based on a 50-minute contact hour. As an IRS-approved CE provider, MY-CPE offers CE credits for Enrolled Agents (EA), Annual Filing Season Program (AFSP) participants, Tax Professionals, and Enrolled Retirement Plan Agents (ERPA), ensuring compliance with all regulatory requirements and supporting the maintenance of their professional credentials. (MY-CPE LLC 1600 Highway 6 South, Suite 250 Sugar Land, TX 77478, Email: support@my-cpe.com, Phone: 646-688-2884)

CTEC APPROVED

MY-CPE LLC, in accordance with the standards set forth in Circular 230 section 10.6, grants Continuing Education (CE) credits based on a 50-minute hour. MY-CPE LLC is approved by the California Tax Education Council (CTEC) to offer continuing education courses that count towards the annual continuing education requirement for CTEC Registered Tax Preparers. Additional information regarding registration as a tax preparer can be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free at (877) 850-2832, or by visiting www.ctec.org. (MY-CPE LLC 1600 Highway 6 South, Suite 250 Sugar Land, TX 77478, Email: support@my-cpe.com, Phone: 646-688-2884)

NASBA APPROVED

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.

MY-CPE LLC 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: www.nasbaregistry.org. (MY-CPE LLC 1600 Highway 6 South, Suite 250, Sugar Land, TX 77478, Email: support@my-cpe.com, Phone: 646-688-2884)

Looking to fulfill your Enrolled Agent (EA) Continuing Education (CE) requirements? MY-CPE online Enrolled Agent CE courses are the best for you. Earn EA CE Credits while enhancing your domain knowledge and expertise in diverse tax regulations and practices. Our courses are designed to provide you with the latest updates and deep insights to keep you ahead in your field. With flexible scheduling and a user-friendly platform, MY-CPE offers you a greater convenient and interactive learning experience. Join MY-CPE today and take the next step in advancing your career as an Enrolled Agent.

About Instructor

Top Tax Speaker | Jason Dinesen

Jason Dinesen EA

President, Dinesen Tax & Accounting, P.C.

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

Jason Dinesen (LPA, EA) is an entrepreneur, tax expert, and CPE Presenter. Dinesen brings over 15 years of experience helping individuals and businesses with accounting, bookkeeping, tax preparation, and business advisory in various industries. Dinesen is a regular CPE Presenter at MYCPE ONE. He has coached more than 200k+ accounting, taxes, and HR professionals on various topics of accounting, individual taxation, corporate taxation, and professional ethics. Jason has developed a strong following within the professional community for tax-related subjects. Dinesen is known for sharp tax interpretations, and he quickly brings his analysis of the latest tax updates and IRS guidance to the professional community.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses accepted by NASBA and other professional organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars accepted by NASBA and other Professional Organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are accepted for compliance and reporting purposes with NASBA, IRS, CFP Board, HRCI, SHRM (for PDCs), Payroll Org, FP Canada, and 25+ other professional organizations.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

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Excellent (73%)

Very Good (24%)

Average (3%)

Poor

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KP

Keyur Pandya, EA

5

Fantastic!

JR

Joseph Redd, CPA (US)

5

Great info

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Education Tax Benefits

Inclusions

  • Multiple Credits

    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting

    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker

    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault

    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders

    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access

    Mobile App Access

    The MYCPE ONE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support

    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

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