by Dave Moja | Feb 27, 2018 | Tax Tips |
ISSUE Under the new tax law, interest on a home equity loan for individuals may be deductible – contrary to some news reports. SITUATION Saltwater Christian College (SCC) is a private college exempt under Internal Revenue Code section 501(c)(3) and section...
by Dave Moja | Feb 14, 2018 | Tax Tips |
ISSUE: Reimbursing business use of cell phones is generally not income to the employee. Thanks to a somewhat neglected change in the tax law, now it looks like computers, laptops, and other peripheral equipment are treated likewise. SITUATION: Denali...
by Dave Moja | Feb 7, 2018 | Tax Tips |
ISSUE: Generally, the historical exclusion from income for reimbursed or paid-by-employer moving expenses is suspended through 2025. SITUATION: Marathon Bible College (MBC) is a private college exempt under Internal Revenue Code section 501(c)(3) and...
by Dave Moja | Jan 31, 2018 | Tax Tips |
ISSUE: There is a lot going on in the tax and accounting arenas. We’ve got some good solutions at the ABHE Annual Meeting in Orlando. > www.abhe.org/annual-meeting SITUATION: Troas Bible College (TBC) is a private college exempt under Internal...
by Dave Moja | Jan 24, 2018 | Tax Tips |
ISSUE: Riding your bicycle to work is a good thing, right? Well, it no longer has the tax benefit it might have in 2017. SITUATION: Idaho Bible College & Seminary (IBCS) is a private college exempt under Internal Revenue Code section 501(c)(3) and section...