Tax Tips for Higher Education
Should the IRS be Penalized for “Illegal Procedure?”
The 2019-2020 Priority Guidance Plan is out. Inexplicably, the IRS has dropped an important project off of the list with no explanation. Given that it’s football season, should somebody throw a yellow flag?
Form 990-T: Charitable Contributions Deduction Update
Historically, exempt organizations have been able to deduct charitable contributions (subject to limits) on Form 990-T, Part II, Line 20. This left a question with regard to this deduction and the “Parking Tax.” With the release of the draft 2019 Form 990-T, it appears things have been clarified.
American Workforce Empowerment Act
Non-technical degrees, certificate programs, and apprenticeship programs may be opportunities that figure into your institution’s future.
Conservation Easements
ISSUE: The Senate Finance Committee has been holding hearings on Conservation Easements. The not-for-profit press tends to rail about abusive uses of these tax-planning vehicles. What are they? SITUATION: DCC’s Chief Financial Officer calls to ask about Conservation Easements. “We’ve got a potential donor who wants to give us some land that she says is a “conservation easement.” What do I need to know?”
Chief Financial Officers Conference 2019
Christian college financial leaders face many challenges. Get updates and practical information on accounting, taxes, human resources, reporting to the board, and more at the ABHE “Chief Financial Officers Leadership Development Conference” this fall in Orlando.