Monday, January 11, 2010

Organization and Persistence Pay Off in One Big Deduction

A Maryland woman, Lori Singleton-Clarke,  prevailed in federal tax court last month, opening the door for taxpayers seeking to deduct their MBA tuition expenses.  Even more amazing is that Ms. Singleton-Clarke did it all on her own, acting as her own counsel against the IRS' tax attorneys.

 
http://finance.yahoo.com/taxes/article/108550/nurse-outduels-irs-over-mba-tuition?mod=taxes-advice_strategy

 
The lessons to be learned from Ms. Singleton-Clarke's experience?
  • Be organized.
  • Be respectful.
  • Do your homework.
  • Never give up.

 Kudos to Ms. Singleton-Clarke for showing that persistence and doing one's homework pays.

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