Tag: Professional Expenses

From the Archives: Can a College Professor Deduct the Cost of Materials for “General Knowledge”?

It’s a holiday week, so I’m re-publishing popular blog posts from the past. Just like Monday’s “From the Archives,” this one from last September is about college professors and their work-related expenses. —– Originally published September 26, 2016 College professors may be entitled to certain deductions on their tax returns for classroom books and supplies, and books […]

Read More

Can a College Professor Deduct the Cost of Materials for “General Knowledge”?

College professors may be entitled to certain deductions on their tax returns for classroom books and supplies, and books and other materials which further their academic research. But what about maintaining books and other materials for “general knowledge”? A recent case before the U.S. Tax Court gives us the answer. Background A married couple in Florida both […]

Read More