by Dave Moja | Feb 19, 2020 | Tax Tips |
ISSUE There are very few changes to the 2019 Form 990. However, the IRS beat their several years to change estimate and updated Part X for Lines 27 and 28 (Line 29 – as we’ve known it – leaves us). SITUATION Saltwater Christian College (SCC) is a...
by Dave Moja | Nov 13, 2019 | Tax Tips |
ISSUE For Institutions with a June 30 year end, Friday (11/15/19) is the deadline day for filing Form 990-series returns – or extensions. SITUATION Denali Christian College (DCC) is a private college exempt under Internal Revenue Code section 501(c)(3) and...
by Dave Moja | Jun 19, 2019 | Tax Tips |
ISSUE In navigating the diverse instructions for Form 990, it is sometimes difficult to track who is included in the definition of “family” for various parts of the form and the accompanying schedules. SITUATION Troas Bible College (TBC) is a private...
by Dave Moja | May 8, 2019 | Tax Tips |
ISSUE So far, Congress has not mandated eFiling for Form 990 returns. It continues to be talked about and recommended. Your institution should consider eFiling as there are advantages. SITUATION Saltwater Christian College (SCC) is a private college exempt...
by Dave Moja | Feb 27, 2019 | Tax Tips |
ISSUE There are four main parts of the “Tax Cuts and Jobs Act” that could – possibly – affect your school. Have you been keeping track of those provisions? SITUATION Marathon Bible College (MBC) is a private college exempt under Internal Revenue Code section...
