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Archive for January, 2010

BRYANTOWN, MD – A 47-year-old Bryantown, Maryland nurse has won a victory in her battle with the IRS by successfully defending herself against the agency and by getting a ruling that could help thousands of students deduct the cost of an M.B.A. degree on their taxes.

Lori Singleton-Clarke, at her Maryland home. Photo credit: Melissa Golden / The Wall Street Journal

Lori Singleton-Clarke her victory in the U.S. Tax Court last month winning her case on the grounds that she had properly deducted almost $15,000 in business school tuition. This court ruling should make it easier for many other professionals to deduct the expense of a Master in Business Administration degree.

Read the full story at the Wall Street Journal.

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