by Dave Moja | Jun 23, 2021 | Tax Tips |
ISSUE: On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARP) (Pub. L. 117-2). The ARP appropriated approximately $39.6 billion for the Higher Education Emergency Relief Fund (HEERF) and represents the third stream of funding appropriated...
by Dave Moja | Jun 9, 2021 | Tax Tips |
ISSUE The Department of the Treasury has recently published detailed information about the Biden Administration’s tax proposals for fiscal-year 2022. This 114-page publication is traditionally called “The Green Book” by the tax community. Given the...
by Dave Moja | May 25, 2021 | Tax Tips |
ISSUE: On May 11, 2021, the U.S. Department of Education released a plethora of information about the “HEERF III” funding set forth in the American Rescue Plan Act of 2021 (ARP). Beyond the allocation table (which includes some schools that were not allocated funds...
by Dave Moja | May 5, 2021 | Tax Tips |
ISSUE: On December 27, 2020, the President signed the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA) (P.L. 116-260). This law has some similarities—as well as important differences—from the Coronavirus Aid, Relief, and Economic...
by Dave Moja | Apr 28, 2021 | Tax Tips |
ISSUE: Form 990, Part V, Line 7g, asks, “If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?” SITUATION: Troas Bible College (TBC) is a private college exempt under Internal Revenue Code...
