This notice originally appeared in the IRS EO Update: e-News for Charities & Nonprofits newsletter, issued February 3, 2017. For more information visit the IRS
Continue Reading IRS Warns Schools of Targeted W-2 Phishing Scams
The House Ways and Means Committee is looking at Endowments
The House Ways and Means Committee’s Subcommittee on Oversight Chairman Peter Roskam announced that the Subcommittee will hold a hearing on college and university endowments.
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Penalty Relief for Colleges and Universities Filing IRS Forms 1098-T, Tuition Statement, for 2016
Background. Colleges, universities, vocational schools and other postsecondary educational institutions are required to furnish Forms 1098-T to students and the IRS annually reporting qualified tuition
Continue Reading Penalty Relief for Colleges and Universities Filing IRS Forms 1098-T, Tuition Statement, for 2016
New News on IRS Form 1098-T Penalty Relief for Colleges and Universities
Background. Each year, on an IRS Form 1098-T, colleges, universities, vocational schools and other postsecondary educational institutions must report to the IRS and each student
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Good News (x2) from the IRS for Colleges and Universities!
Colleges and universities get additional penalty relief regarding Forms 1098-T (Student Tuition Statement).
Background. Each year, on an IRS Form 1098-T, colleges, universities, vocational schools
Continue Reading Good News (x2) from the IRS for Colleges and Universities!
Employers: Remember to Check Your Employees’ Income Tax Withholding Forms
Income tax filing day (April 15th) will be here shortly. Whether a school’s employee gets a tax refund or makes a payment generally depends on
Continue Reading Employers: Remember to Check Your Employees’ Income Tax Withholding Forms