Form 1098-T – which is due to students by January 31 each year and due to the IRS by February 28 – watch carefully for eFiling...

Digital assets continue to be an area of focus for higher education institutions.  From how to value those items to wild fluctuations in...

The Isakson/Roe Act of 2020 made changes to the rules for institutions who provide Veterans Administration benefits (i.e. the G.I. Bill)...

As we move past Thanksgiving and “Giving Tuesday” and move into the Christmas and year-end giving season, it might be an interesting time...

At this wonderful time of year, we are often asked about whether the value of a turkey, ham, or other item of merchandise purchased by an...

The Coronavirus “Era” (that we are still not through) has hit many of us in different ways.   Through the negatives, we have learned much...

As they do annually, in late 2021, the IRS released the standard mileage rates for 2022.  Prior to the beginning of any given calendar...

Here’s a question we get occasionally: Our school has coin-operated washing machines and dryers are used by resident students to wash...

Let’s face it.  It can be a challenge for many institutions to ensure that the Finance Team is notified regarding every single in-kind or...

Starting in 2016, the Financial Accounting Standards Board (FASB) began releasing new “lease rules.”  After several “exposure drafts” and...