by Dave Moja | Jan 15, 2020 | Tax Tips |
ISSUE With the “Parking Tax” retroactively repealed, how do those institutions who paid this tax over the past few years apply for a refund? SITUATION Marathon Bible College (MBC) is a private college exempt under Internal Revenue Code section 501(c)(3) and...
by Dave Moja | Dec 19, 2018 | Tax Tips |
ISSUE As Congress continues to arm-wrestle over repeal, IRS/Treasury released interim guidance on I.R.C. Section 512(a)(7) – with a retroactive provision for decreasing or eliminating the tax. SITUATION Marathon Bible College (MBC) is a private college exempt...
by Dave Moja | Oct 17, 2018 | Tax Tips |
ISSUE The Parking and UBIT issue continues to be at the forefront of many of our minds. Maybe it’s time we start looking at potential streamlined solutions. SITUATION Idaho Bible College and Seminary (IBCS) is a private college exempt under Internal Revenue...
by Dave Moja | Oct 3, 2018 | Tax Tips |
ISSUE It appears that the IRS may be close to providing guidance on the “pay taxes on your costs of employee parking” provision in I.R.C. Section 512(a)(7) – and it may include penalty relief. SITUATION Marathon Bible College (MBC) is a private...
