Beginning January 1, 2027, IRC Section 25F allows eligible individual taxpayers to claim a federal tax credit of up to $1,700 for qualifying cash contributions to approved Scholarship Granting Organizations. This two-hour IRS CE and CPA CPE course explains the new Federal Scholarship Tax Credit, including state participation, donor eligibility, SGO requirements, scholarship administration, substantiation, reporting, and developing planning issues.

The new federal scholarship tax credit creates significant planning, compliance, and advisory opportunities for tax professionals working with families, education providers, donors, and scholarship-granting organizations. This course provides a practical overview of the new credit, including its purpose, eligibility rules, contribution and scholarship mechanics, reporting requirements, and the key issues practitioners should watch as implementation guidance develops.

Taught by Michael Sanders, a nationally recognized tax attorney, former Treasury Office of Tax Legislative Counsel attorney-adviser, and longtime professor of tax-exempt organization law. Participants will examine how the credit may affect taxpayers seeking education options, donors evaluating charitable and tax-credit benefits, schools and education service providers receiving scholarship-funded payments, and scholarship-granting organizations responsible for administration and compliance. The course will also address potential interaction with existing federal and state education benefits, substantiation concerns, due diligence responsibilities, and planning risks.

Designed for CPAs, enrolled agents, tax preparers, and advisory professionals, this program equips practitioners to identify client opportunities, recognize compliance traps, and provide informed guidance in a rapidly developing area of education tax policy.