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NBOA Library

  • Compliance
  •   |   Planning
  •   |   Tax

Why Build a Tax Strategy?

Feb 15, 2015, 7:02 PM
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
Attachment(s):
  • Compliance
  •   |   Planning
  •   |   Tax

UBIT Questionnaire

Feb 15, 2015, 7:01 PM
An easy to use questionnaire for various departments of your school to complete to determine if any activities are subject to UBIT.
Attachment(s):
  • Tax

UBIT Checklist

Feb 15, 2015, 6:59 PM
A simple checklist for UBIT.
Attachment(s):
  • Compliance
  •   |   Planning
  •   |   Tax

Why Plan for Taxes?

Feb 15, 2015, 6:58 PM
This document outlines the reasons its necessary to plan for taxes and not get surprised.
Attachment(s):
  • Compliance
  •   |   Reports
  •   |   Tax

Sales Tax Issues for Independent Schools

Feb 15, 2015, 6:57 PM
An overview of activities which may generate the need for independent schools to collect sales tax.
  • Compliance
  •   |   Employee Benefits
  •   |   Tax

Taxability of Gifts, Awards and Other Presentations

Feb 15, 2015, 6:54 PM
Learn about the taxability of gifts, awards and other presentations in this document.
  • Tax

What's Deductible from UBIT Income?

Feb 15, 2015, 6:53 PM
Are there deductions you can take with calculating UBIT? This document will outline which ones you can take.
  • Compliance
  •   |   Tax

Common Exceptions to Unrelated Business Income Tax

Feb 15, 2015, 6:51 PM
There are some exceptions to UBIT. This document will outline the common exceptions.
  • Employee Benefits
  •   |   Policy
  •   |   Tax

Professional Licenses and Dues Taxability

Feb 15, 2015, 6:44 PM
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.
  • Contract
  •   |   Employment
  •   |   Key Compensation
  •   |   Salary

Employment Agreements & Offer Letters Overview

Feb 13, 2015, 9:53 PM
The attached document from NBOA provides an overview of employment agreements and offer letters. Sample agreements can be found here and an hourly wage letter can be found here.   ​​​