February 11, 2005
Government Weighs Taxing Tuition Perks at Colleges
Plan would hit employees; deductions and credits for students also affectedCollege employees would be required to pay federal taxes on the tuition benefits they receive, and two popular Clinton-era federal tuition-tax credits would be combined into one, under recommendations made by a Congressional panel.
The recommendations were part of a 430-page report by the Joint Committee on Taxation, which performed a broad review of the federal tax code to find ways to generate more
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