Understanding tax impacts
The federal government offers an online Tax Benefits for Education Information Center with more details about tax credits and deductions, including business deductions for work-related education as well as links to publications and other resources.
The Tax Cuts and Jobs Act (TCJA) of 2017 has changed the tax landscape, and it pays for you to understand its potential impact on your taxes if you choose to pursue an EMBA.
In this video, Gonzalo Freixes, adjunct professor of accounting and associate dean at UCLA Anderson School of Management, walks you through what’s new and what’s not when it comes to tax savings on MBA expenses. This video can help you better understand your bottom-line costs as you look to finance your EMBA experience. As always, he encourages you to check with your accountant on your individual situation.
Disclaimer: The Executive MBA Council offers this section for information purposes only. The council does not provide certified tax advice and encourages you to talk to your CPA about your tax situation.
“…the program centers your mind on core business theory as well as contemporary, real-world business problems…it teaches you to effectively collaborate with highly intelligent people, to develop new technical skills, and to solve complex business issues – at times without all the information. It will give you exposure to talented faculty, classmates, and an academic credential that will advance your career.”