IRS: Erroneous Notices of Non-filing – Form 8868

HEERF III – Required Uses of Grant Funds

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...
IRS: Erroneous Notices of Non-filing – Form 8868

The “Green Book” – 2022 Tax Proposals

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...

HEERF III: Allocations and FAQs

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...