Constructing and Adopting Joint Venture Policies

Constructing and Adopting Joint Venture Policies

Issue Last week, we looked at the “Governance Section” (Part VI) of Form 990 which has two questions (16a, 16b) regarding whether an institution invests in, contributes assets to, or participates in a “joint venture”.  What might a “joint venture policy” look like?...
Joint Ventures?

Joint Ventures?

  Issue The “Governance Section” of Form 990 has several questions regarding policies.  Form 990, Part VI, Lines 16a and 16b ask about whether an institution invests in, contributes assets to, or participates in a “joint venture” and whether or not you have a written...

Determining Your “Tax Home”

Issue When an employee is in the process of moving from one state to another and the move “straddles” a calendar year, how do you determine which state they were a resident of? Situation Saltwater Christian College (SCC) is a public charity and a school under I.R.C....