Education

Tax Preparation for Teachers and Educational Institutions

Selecting the right tax preparer is important for maximizing your tax refund. As a former 5^th grade teacher at an elementary school in Glendale, Robert Hall’s first-hand experience sets himself apart from other tax professionals and CPAs. This distinction has allowed Robert Hall & Associates to acquire a significant Los Angeles Unified School District client base over the years. Our tax specialists know all of the common tax deductions educational professionals are entitled to, plus some of the tax nuances that are often overlooked. Backed by years of tax knowledge specific to education, our tax consultants will work to capitalize on maximized deductions and lower individual tax liability.

Rated 4.9 / 5 based on 650+ reviews

Some of the most effective ways for teachers to lower their tax burden include:

Educator Expenses Deduction: For educators who are not reimbursed on their purchases for the classroom, $250 may be deducted from your income. This deduction is limited to classroom supplies. Documentation is required to prove you made the purchases (e.g. receipts).
Unreimbursed Employee Deductions: Under the 2018 Tax Reform, W2 wage earners are no longer able to itemize their non-reimbursed business expenses on their federal tax return. Contact your tax advisor to see how this affects your tax return.
Student Loan Interest: The interest you pay on your student loans can be deducted, regardless of whether you itemize. This has a huge impact on taxable income.
Education Credits and Deductions: To offset expenses needed to continue your education, you can use the Education Tax Credit, American Opportunity Credit or Lifetime Learning Credit. Only one of these credits can be used at a time and are subject to income requirements. We can help you do the math to determine which one you’re eligible for and is most valuable for you.

Providing Solid Financial Tools for Education Institutions

Educational institutions are facing more and more complex financial issues including the ever-changing regulatory controls and government funding changes. For this reason, our firm provides financial services to non-profit and public colleges, universities, and schools. Our tax advisors can help education institutions:

Streamline accounting processes
Capitalize on fiscal opportunities
Meet regulatory requirements with confidence
Stay informed of evolving federal, multi-state, and international tax regulations and incentives
Plan for the future
Keep abreast of emerging issues and determine the impact of new accounting standards

Whether you are a teacher looking to file your tax return, or a school district seeking financial planning services, our firm is ready to help! Contact us today at 818.242.4888 or contact us to schedule a consultation.

Trusted by American Businesses and Individuals

     Excellent  
     Based on 685 reviews 
    
 
 
   
 
 
        
   Leon Thomasian 
 2024-05-15
 
 
  My wife and I have decided to file our taxes with the Robert Hall firm and it has been a really pleasant experience - from the reception, to the service, to the knowledgeable and valuable input they give to their clients. It is worth every penny and I will continue filing through them in the coming years.
  
 
       
   HAKU AINA PROPERTIES INC 
 2024-05-11
 
 
  I was referred to Tony Watson at Robert Hall & Associates by our good friends.  Our Business and personal tax situations are complicated.  Tony has guided us through the best ways to maximize our tax savings.  He is very experienced, knowledgeable, and efficient.  I was informed and prepared for next year tax direction.  I look forward to file our next year taxes with him again.
  
 
       
   Tim 
 2024-05-10
 
 
  I had a complimentary tax consultation, and was very impressed. Based on the consult, I'm signing up with them. While they are focused on minimizing your taxes, they are also straight-forward when it comes time to saying "No" to a particular strategy if it's just not sound. I really appreciate that.
  
 
       
   Mike Mayes 
 2024-05-09
 
 
  I had a complimentary phone meeting with Candice and she was FANTASTIC! My partner and I had a few questions about minimizing our taxes and she thoroughly and expertly answered them all. She recommended that we stick with TurboTax until we have a more complicated tax situation. What a breath of fresh air to get that honesty.

Thank you Candice! We’ll be back when we’re making more money or when I start my own business.
  
 
       
   Wali 
 2024-04-23
 
 
  I had an initial appointment and they took the time not only answering them but explain all the questions I had. Very professional and courteous I must say!