by Dave Moja | Sep 11, 2019 | Tax Tips |
ISSUE Exempt organizations are required to inform the IRS when they change their name. There are several ways in which an institution can do this. The “prescribed” method is on the next Form 990 you file. But, what if you are not required to file Form 990? Or,...
by Dave Moja | Sep 4, 2019 | Tax Tips |
ISSUE Welcome to “Tax Tips” Number 200! Truly, all Bible Colleges and Seminaries should be considering how they might leverage their God-given gifts, skills, knowledge, and experience to create alternative revenue sources that might be a blessing to all. ...
by Dave Moja | Aug 28, 2019 | Tax Tips |
ISSUE The Legacy IRA Act of 2019 (H.R. 3832) – currently in the U.S. House of Representatives – could make IRA Charitable Rollovers even more attractive to your school’s donors. SITUATION Saltwater Christian College (SCC) is a private college exempt under...
by Dave Moja | Aug 21, 2019 | Tax Tips |
ISSUE: IRS Form W-4 (Employees’ Withholding Allowance Certificate) can be difficult to navigate for any of us. The IRS has developed a “Tax Withholding Estimator” to help employees properly plan for tax withholding. SITUATION: Idaho Bible College...
by Dave Moja | Aug 14, 2019 | Tax Tips |
ISSUE Hosting a special sports tournament can raise interest and funds – but what might be the unrelated business income ramifications? SITUATION Troas Bible College (TBC) is a private college exempt under Internal Revenue Code section 501(c)(3) and...
