Ideas & Insights

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

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

A review of the most common benefits offered to employees, that are contained, as well as those that are not included in the TCJA.

The recently passed government funding bill includes two tax provisions that will affect tax-exempt organizations.

Section 4968 imposes an excise tax on an applicable institution for each taxable year equal to 1.4 percent of the net investment income.

The final project report was issued after more than 90 percent of these examinations had been completed.