Higher Education

/Higher Education

IRS Extends 1095-C and 1095-B Deadline

In November, the IRS extended the deadline for employers to furnish Forms 1095-C and/or 1095-B to employees and covered individuals. The forms, which are required under the Affordable Care Act’s employer reporting mandate, are [...]

Private Business Use

The IRS is placing increased scrutiny on the use of tax exempt bonds by 501(c)(3) organizations. Since interest earned on the revenue bonds issued by state and local governmental organizations is exempt from federal income [...]

December 12th, 2016|Higher Education|

Accounting & Ethics Update Recap

On November 16, Dean Dorton provided its 12th version of the annual Accounting and Ethics Update. The firm utilized 17 presenters over nine sessions that covered a variety of topics from the latest in nonprofit reporting [...]

Fields v. Trustees of Princeton University Conclusion

In the long awaited conclusion to the Princeton University property tax lawsuit, the University announced that it had settled with area homeowners for more than $18 million. The residents of Princeton sought to have the [...]

November 21st, 2016|Higher Education, Tax|

What You Should Know About the Updated I-9 Form

On Monday, November 14, the United States Citizenship and Immigration Services (USCIS) released the anticipated new Form I-9 (Employment Eligibility Verification) that replaces the current version, which expired on March 31 of this year. [...]

It’s Beginning to Feel a Lot Like 1986

Whether you’re happy or not about the outcome of Tuesday’s election, now that we know we have Republicans in the White House, both houses of Congress, the governorship and the state legislature, it’s time [...]

Team Member Spotlight: Crissy Fiscus

Industry Team: Colleges & Universities Years with Dean Dorton: 21 Years in the Higher Education Industry: 15 Favorite memory about Dean Dorton: The opportunity to work directly with the firm founders and other owners during my first five [...]

October 18th, 2016|Higher Education|

Why ITT Tech Closed its Doors

By: Crissy Fiscus ITT Technical Institute is the latest school to close its doors after significant sanctions were placed upon the institution by the Department of Education (ED). ITT received a letter from the Department [...]

September 26th, 2016|Higher Education|

Prepaid Tuition vs. College Savings: Which Type of 529 Plan is Better?

Section 529 plans provide a tax-advantaged way to help pay for college expenses. Here are just a few of the benefits: Although contributions aren’t deductible for federal purposes, plan assets can grow tax-deferred. Some states [...]

September 20th, 2016|Higher Education, Tax|

Webinar: Avoiding Pitfalls in Federal Student Aid

Colleges and universities across the nation are being monitored closely amidst closings of high-profile institutions such as ITT Technical Institute and St. Catharine College, to name a few. Join us for a webinar in [...]

September 16th, 2016|Higher Education|