Ideas & Insights

Expanded FAQs further clarify that institutions do not report grant funds paid to students, and students do not include amounts in income.

The American Rescue Plan Act of 2021 extends and expands support for exempt organizations affected by the coronavirus pandemic.

The IRS provides welcome guidance to higher education institutions that made emergency relief grants to students.

The student housing sector, once a beacon of stability, is now vulnerable to COVID-19 as universities rethink their plans.

The IRS updated taxpayers on its operations status and recognized the delays in processing check payments due on July 15, 2020.

The IRS issued FAQs surrounding the federal income tax consequences to students receiving emergency financial aid grants under the CARES Act

Immediate and retroactive expensing of qualified improvement property creates tax saving opportunities for taxpayers.

Department issued compliance alert explains the sales and use tax collection responsibilities for marketplace facilitators and sellers.

The IRS released the electronic Form 1023 and guidance for mandatory use of the online application, effective February 1, 2020

GASB 87 is effective for reporting periods beginning after Dec. 15, 2019. Learn how your organization can implement this standard.

With the NCAA opening the door to name, image and likeness compensation, there are several key considerations for schools and athletes.

Join RSM for this webcast on Oct. 31 to understand the cyberthreat landscape and the impact on the public sector.

Due to recent scandals in college athletics, colleges and universities face new risks that require scrutiny of their compliance programs.

The world of federal grants management is always changing. Read RSM’s update to understand how changes may affect your organization.

Get a recap of our annual governmental accounting update webcast, featuring a quick clip on new fiduciary activities standards to address.

Learn more about how you can create a strong password or passphrase to stay protected and help keep your educational institution secure.

Get the latest information on GASB standards that could affect your organization, including a detailed focus on the new OPEB standards.

Join RSM for a complimentary webcast on Feb. 21 as we review the current federal tax landscape for higher education.

Obtain insights on how the U.S. economy may affect the ability of public sector entities to serve their constituents.

Get the latest information on the new Governmental Accounting Standards Board lease standard that could affect public sector organizations.