The 7.5 hours in the classroom are just the starting point. On average, teachers are at school an additional 90 minutes beyond the school day for mentoring, providing after-school help for students, attending staff meetings and collaborating with peers.
A capital lease is treated like a loan, and the asset is considered owned by the lessee. The tax advantages of operating leases are especially significant for fixed assets such as lighting that are generally depreciated over a very long term (39 years), since the entire lease payment is tax deductible.
Taxation. One of the main benefits of a contributory IRA is that the taxes on your investments are deferred until distribution. No matter how much interest you earn, or how many capital gains you realize, all of the profits in the account remain untaxed until you withdraw them.