Re: NWCULAW IS NO GOOD

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The only good school is Abraham Lincoln University School of Law.

On 4/16/09, Li nda wrote:
> A good example of what I was writing follows:
>
> Question
> I have read the general rule of no deduction for law school, but I haven't read
> anything for my particular situation. I am a registered patent agent with the
> United States Patent and Trademark Office (USPTO). My point is that there is
> nothing a patent attorney can do with the USPTO with patents that I cannot do as a
> patent agent. I have written patents since 2005, I became a registered patent
> agent in 2008, and am now in law school for one reason: increase my earnings
> potential.
>
> When I am finished with law school I am going to be in the same industry and trade
> I was before law school. I realize that law school could generally "qualify me
> for a new trade or business" but at the same time, law school is not qualifying me
> anymore than I am already to work with the USPTO. The USPTO doesn't really care
> if I am an agent or an attorney. Both can have clients, both can write the patent
> applications, both can file the patent apps with the USPTO, and both can prosecute
> the patent apps through several office actions until the application is dropped or
> published as a patent.
>
> So in your opinion, do I have a shot at a legitimate deduction?
>
> Answer:
> Thanks for your question.
>
> No, you cannot deduct your law school costs. It does qualify you for a new trade
> or business whether you ever pursue that or not. The IRS has ruled specifically
> in such situations.
>
> Hope this helps.
>
> John Stancil, CPA
>
>
>
>
>
>
>
> On 4/16/09, Li nda wrote:
>> First, please excuse the typos. Some, but not all are because the Board
>> apparently won't allow some words. I have no reason why but on average one in
>> three of my posts go through.
>>
>> I wasn’t referring to Section 162. But since you brought it up, law school
>> expenses are never deductible under 162 because it qualifies a person for a new
>> profession. There are dozens if not hundreds of cases in this area and the
>> taxpayer always loses. Don’t trust me, research it. Or ask NWCU to give you
>> some cases. I did and they couldn’t.
>>
>> The tax credits are only available to students enrolled in schools that are
>> accredited, as defined by the Department of Education. You can view the Taf t
>> website for more specific details.
>>
>> As I wrote earlier, I don't think the NWCU is a bad option for some. But they,
>> and you, need to get some facts straight.
>>
>> The fact that they continue to give incorrect tax info is worrisome.
>>
>>
>>
>>
>>
>> On 4/16/09, Res Ipsa Loco wrote:
>>> NWCU is accredited in the sense that it is "registered" with the CBE. (LOL)It is
>>> not "accredited" in the sense which you are speaking, but it does not matter.
(Except if you want an accredited degree)
>>> Do you now (spelled correctly) see my point. The tuition can still be deducted
>>> for tax purposes--here is the info from the website:
>>>
>>> Tax Deduction
>>> A tax deduction may be allowed for expenses undertaken to: Maintain or improve
>>> skills required in one's employment, trade or business, or Meet specific
>>> requirements of an employer or a law imposed as a condition to retention of
>>> employment, job status or rate of compensation. (See Treasury Regulation 1.
>> 162-
>>> 5.) (My tax man is H & R Boock)
>>>
>>> Do your research, and learn how to spell. I understand that an occasional
>> stray
>>> key may be hit, but you are incorrectly spelling way too many words in a
>> single
>>> sentence. It is irritating.
>>>
>>> Res Ipsa Loco
>>>
>>>
>>>
>>> On 4/16/09, Li nda wrote:
>>>> Tree but NWCU is NOT accredited. Do you know see my point.
>>>>
>>>> On 4/15/09, Res Ipsa Loco wrote:
>>>>> Tax credits can be used from any accredited school. There are no strong
>>>>> points in your argument. NWCU Law is the best around in terms of quality
>>>>> and price.
>>>>>
>>>>> Res Ipsa Loco
>>>>>
>>>>>
>>>>> On 4/15/09, L inda wrote:
>>>>>> I stand corrected with respect to con cord. But T aft is not three
>>>>>> times and factoring in tax credits the difference is not all that much
>>>>>>
>>>>>> On 4/14/09, GET NEW INFORMATION wrote:
>>>>>>> On 4/13/09, Linda wrote:
>>>>>>>> Based on information I received from all three school, the bar pass
>>>>>>>> rate over the past five years is lower at NWCU than the other two
>>>>>>>> accredited schools. And according to the websites, the tuition is
>>>>>>>> not three times as much.
>>>>>>>>
>>>>>>>> Linda
>>>>>>>>
>>>>>>>
>>>>>>>
>>>>>>> NWCU is 2850 a year for starters, Concord is 9k+, so I your right....
>>>>>> it
>>>>>>> is more than 3 x's as much and as far as bar passage rates again you
>>>>>> are
>>>>>>> wrong especially w/ regard to the FYLSE... go to calbar.org
>>>>>>>
>>>>>>>
>>>>>>>
>>>>>>>
>>>>>>>>>>
>>>>>>>>>>>>>
>>>>>>>>>
>>>>>>>>> On 4/12/09, Linda wrote:
>>>>>>>>>> You could do worst than Northwestern but I suggest that you also
>>>>>>>>>> check out the other schools, particularly COn cord and Taf t.
>>>>>>>>>> Both offer Federal student aid.
>>>>>>>>>>
>>>>>>>>>>
>>>>>>>>>>>>
>>>>>>>>>>>> On 4/11/09, questions wrote:
>>>>>>>>>>>>> I am considering Northwest California Law School for a
>>>>>>>>>>>>> distance learning Law degree. I can not move at this
>>>>>>>>>>>>> time, I can not quit my job, I have a family who needs me
>>>>>>>>>>>>> home. I live in Maine and I am about 6 hours from the law
>>>>>>>>>>>>> school. Has anyone gone/going to NWCULAW? I understand it
>>>>>>>>>>>>> is unaccredited with the ABA and I understand all I must
>>>>>>>>>>>>> do to pass the bar and practice law later. Any help would
>>>>>>>>>>>>> be great thanks so much.