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CA Teachers Lose Tax Breaks for Class Expenses
A California tax credit that reimbursed teachers up to $1500 for
school supplies was suspended this year due to budget problems,
adding California to the majority of states in the country who
do not offer tax breaks to their teachers. Meanwhile, a similar
federal tax deduction, providing teachers up to $250 in credit,
also expired this year. The National Education Association
and some lawmakers are working to reinstate the federal teacher
deduction, however the California credit has been suspended until
2007.
Questions, ideas, or
in need of more information? Please contact Stacey
Pusey at 856-241-7772.
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"Teachers
Lose Tax Breaks for Class Expenses"
CNN.com |
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