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...
by Dave Moja | Nov 22, 2017 | Tax Tips |
Please know that we are Thankful for each and every one of you. We pray that you will have a blessed Thanksgiving with family and friends. We are grateful for the work you do to bless those around you and further the Kingdom of Jesus. Psalm 118:28-29...
by Dave Moja | Nov 15, 2017 | Tax Tips |
ISSUE: Although actual turkeys and hams given to employees are generally non-taxable, holiday gift cards are another story. SITUATION: Idaho Bible College & Seminary (IBCS) is a private college exempt under Internal Revenue Code section 501(c)(3) and...
by Dave Moja | Nov 7, 2017 | Tax Tips |
ISSUE: The new tax reform bill – H.R. 1 – has some negative issues for higher education. Chief among them are the repeal of tuition and education “assistance” programs. SITUATION: Troas Bible College (TBC) is a private college exempt under Internal Revenue Code...
by Dave Moja | Nov 1, 2017 | Tax Tips |
ISSUE: A qualified tuition education assistance “program” could be something that would benefit your institution – and Congress may be sweetening it! SITUATION: Troas Bible College (TBC) is a private college exempt under Internal Revenue Code section 501(c)(3)...
