Who May Sign Our Form 990?

Who May Sign Our Form 990?

Issue Colleges, Seminaries, and Universities should be careful that they properly executed the signatures and required information in Form 990, Part II, Signature Block. This can be an overlooked section of the return, potentially to the peril of the institution....
Quid Pro Quo Receipting

Quid Pro Quo Receipting

Issue Cash gifts to employees at Christmas – or anytime during the year – are taxable to the employee, require payroll taxes to be paid, and are includable on Form W-2. Situation Marathon Bible College (MBC) is a private college exempt under Internal Revenue...