Did You Know That There is Financial Aid Out There For Students From Higher Education Institutions Under The CARES Act?
If you haven't heard by now, you should know that there is financial aid available for students from higher education institutions under the CARES Act. That being said, if you are a student that receives this financial aid under the CARES Act, how will this affect your taxes? Keep reading this week's blog for some important information on this very topic from the IRS. Have any questions about any of this? Please do not hesitate to call our CPA firm in Mid-MO today. We have four locations throughout Mid-MO and all of our phone numbers can be found on our website at www.WTCPA.com . Source: https://www.irs.gov/newsroom/faqs-higher-education-emergency-relief-fund-and-emergency-financial-aid-grants-under-the-cares-act Important Information From The IRS Q1: I am a student who received an emergency financial aid grant under section 3504, 18004, or 18008 of the CARES Act for unexpected expenses, unmet financial need, or expenses related to the disruption of campus operation...