If you’re a small-business owner seeking more training for yourself or for your staff, now is the time to enroll for the fall term. Fortunately, Uncle Sam helps defray the costs of education by providing important tax breaks.

Owners’ Education

Successful business owners often pursue higher education or take courses in sales, software or other specialized learning programs. What’s the best way to write-off the cost of education that the owner pays for personally? It depends on several factors, including the type of education, the entity used by the business (such as a sole proprietorship or C corporation) and the owner’s personal tax picture. Here’s a short list.

To read the rest of Barbara Weltman’s article, please go to http://bit.ly/a1t5r9.

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