What about the “Token Exception?”

What about the “Token Exception?”

ISSUE Tax-exempt organizations have a great opportunity in the fundraising arena that some institutions are not utilizing.  This is the “token exception.”   SITUATION Troas Bible College (TBC) is a private college exempt under Internal Revenue Code section 501(c)(3)...
Added Benefits to Hiring Qualified Veterans

Added Benefits to Hiring Qualified Veterans

ISSUE Tax-exempt organizations have an oft-overlooked tax credit opportunity available for hiring qualified veterans.   SITUATION Marathon Bible College (MBC) is a private college exempt under Internal Revenue Code section 501(c)(3) and 170(b)(1)(A)(ii).  They are...
Updated IRS Depreciation Rules

Updated IRS Depreciation Rules

ISSUE The IRS has released a fact sheet that highlights new depreciation rules and related expense rules from the “Tax Cuts and Jobs Act” (TCJA).   SITUATION Saltwater Christian College (SCC) is a private college exempt under Internal Revenue Code section 501(c)(3)...
Where Can You Find Sample Policies?

Where Can You Find Sample Policies?

ISSUE Sometimes, it can be hard to find good resources such as sample policies, procedures, etc.  A new website is setting out to help institutions find sample policies that they might utilize. SITUATION Idaho Bible College & Seminary (IBCS) is a private college...