Initial drafts of the Tax Cuts and Jobs Act of 2017 included several changes to college-related taxation. In the end, none of these provisions made it into the final legislation. But a few other college-related items did. These changes are now taking effect in 2018.
When tax season comes around, it can be difficult to tell if you are in need of a professional to prepare your tax return, especially with the way the tax filing process has changed significantly. To decide, ask yourself five easy questions.