Tax Alert
HEERF grants not required to be reported on Form 1098-T
The IRS provides welcome guidance to higher education institutions that made emergency relief grants to students.
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Ideas & Insights
Tax Alert
IRS addresses taxability of higher education grants to students
The IRS issued FAQs surrounding the federal income tax consequences to students receiving emergency financial aid grants under the CARES Act
Tax Alert
IRS releases electronic Form 1023
The IRS released the electronic Form 1023 and guidance for mandatory use of the online application, effective February 1, 2020