Is your school subject to UBIT? This document outlines the three tests a school must 'pass' in order for the Unrelated Business Income Tax to apply to the revenue received from the activity.
If you became the subject of an audit are you ready? In 2008, the IRS sent 400 questionnaires to college and universities. From those they have completed at least 34 audit. This document review the
If an employer either pays directly or reimburses the employee for the cost of their professional licenses or dues, are they excludable from their taxes? Are there any exceptions? Learn more in this document.
The upgraded LRFM helps you model tuition, staffing, and revenue over 10 years. Build confidence in your school’s financial decisions—before they’re made.