Each year new tax laws are introduced, and some tax laws are excluded. For an individual, it is not possible to deal with them, we are tax professionals and are dealing with tax from the last two decades, and we keep our knowledge and skill updated. We can facilitate you with our expertise. But we believe that you should be aware of some basic tax law changes.Education & College You may be able to exclude all or part of the interest from qualifying Series EE or Series I bonds if you use the income for qualified educational expenses. You cannot take this benefit if your modified adjusted gross income is $96,100 or more ($151,600 if you file jointly, or if you file as Qualifying Widow(er) with Dependent Child). Businesses Schedule C-EZ is the simplified version of IRS Schedule C, Profit or Loss from Business (Sole Proprietorship). For 2019, the IRS has discontinued Schedule C-EZ, so the long form most be used by all.