by Dave Moja | Jan 10, 2018 | Tax Tips |
ISSUE Has your institution considered Revenue Enhancement Opportunities – such as “Sustainable Missionary Farming?” SITUATION Troas Bible College (TBC) is a private college exempt under Internal Revenue Code section 501(c)(3) and as a “school” under...
by Dave Moja | Jan 3, 2018 | Tax Tips |
ISSUE: The “Tax Reform and Jobs Act” is more notable for what it left out with respect to colleges, seminaries, and universities. However, there are things you should be aware of. SITUATION: Denali Christian College (DCS) is a private college exempt...
by Dave Moja | Dec 13, 2017 | Tax Tips |
ISSUE: Donors generally can deduct their contributions only in the year they actually make them in cash or other property. SITUATION: Idaho Bible College & Seminary (IBCS) is a private college exempt under Internal Revenue Code section...
by Dave Moja | Dec 6, 2017 | Tax Tips |
ISSUE: Services in the employ of certain higher education institutions, performed by a student, qualify for the exception from FICA tax. SITUATION: Marathon Bible College (MBC) is a private college exempt under Internal Revenue Code section 501(c)(3) and section...
by Dave Moja | Nov 29, 2017 | Tax Tips |
ISSUE: H.R. 1 – the House’s version of tax reform – has some negative issues for higher education. One of these is a limitation on “employer-provided housing.” SITUATION: Saltwater Christian College (SCC) is a private college exempt under Internal...
