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CRRSAA and Higher Ed: FAQs Related to Higher Education Emergency Relief Fund II
Get answers to key HEERF II FAQs, including changes to the program, eligibility, how to allocate funds, and more.
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Article
Higher Ed and the Coronavirus Response and Relief Supplemental Appropriations Act
Gain insight into the HEERF II program, including key benefits, application deadlines, and availability.
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5 Key Insights on R&D Tax Credits for the Spirits Industry
Many spirits-industry business activities are eligible for cost-saving R&D tax credits. Find out what qualifies.
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How a Private Foundation Can Avoid Taxable Expenditures
Learn what activities result in a taxable expenditure and detailed breakdowns of the guidelines for each activity.
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OMB Updates: Coronavirus Relief Fund Audit Requirements, Deadline Extensions, More
Learn about new Single Audit requirements for COVID-19-related programs—as well as extended filing deadlines.
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Q2 Tax Update for Technology, Clean Technology, Life Sciences, and Communications and Media Companies
2015 Q2 - Get ahead of current tax updates with this review of five issues affecting technology, clean technology, life sciences, and communications and media companies.
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2014 Changes to Form 990 and Required Schedules
Though Form 990 and its required schedules have generally remained the same this tax year, a few changes to the forms and their instructions do warrant attention by not-for-profit organizations that file them. We highlight the differences in this Insight.
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Tax-Exempt Organizations: Mind the New Tangible Property Regulations
You may think that because your organization doesn’t pay income tax, you don’t need to pay close attention to the new tangible property regulations. But the truth is, you do. We cover what tax-exempt organizations need to know to comply in this Insight.
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Crowdfunding in Washington State: Tax Facts for Not-for-Profits
Crowdfunding has become ubiquitous in recent years, and for not-for-profits, it can be a gold mine. Still, depending on what you offer your backers as an incentive, you’ll need to pay close attention to whether Washington State B&O or sales tax apply.
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Washington Amends B&O Tax Apportionment Rules for Financial Institutions
Prompted by an amendment to Multistate Tax Compact’s apportionment models, Washington state has revised its rules for how financial institutions must apportion income for purposes of business and occupation (B&O) tax.
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Alabama Adopts Economic Presence Standard for Sales Tax
Some out-of-state sellers with substantial economic presence in Alabama will be required to collect and remit tax on sales into the state. The standard applies to transactions occurring on or after January 1, 2016.
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Alert
Trump Tax Changes—What Can We Expect?
President-elect Donald Trump’s proposed tax changes would significantly impact individual and business taxpayers. We give an overview.
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Alert
Changes and Best Practices for Informational Returns—Forms 1099-MISC and W-2
In preparation for the informational return filing season, we give an overview of changes and best practices for Forms 1099-MISC and W-2.
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IRS Releases 990 Data in Machine-Readable Format
The information on all e-filed Form 990 returns will be available in machine-readable format through Amazon Web Services.
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Washington B&O Tax Determination May Impact the Health Care Industry
Washington B&O tax determination may impact health care providers that globally bill patients for work performed by multiple people or entities.
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Noncash Contributions Require Filing Forms 8283 and 8282—or Risk Penalties
If you donate or receive noncash property, there are additional filing requirements by the IRS, specifically Forms 8283 and 8282. There are penalties if a form isn’t filed or is filed incorrectly.
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Q3 Tax Update for Technology, Clean Technology, Life Sciences, and Communications and Media Companies
In this Q3 update, we cover important tax issues for companies in technology, clean technology, life sciences, and communications and media, including what your organization can do to stay ahead.
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An Overview of Potential Legislation Affecting Higher Education Endowment Spending and Tuition Fees
Learn about potential legislation that could affect college and university endowment spending, tuition fees, and Form 990 disclosures.
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Alert
The FASB Clarifies Asset Derecognition Guidance
We summarize ASU 2017-05 and how it clarifies the scope of asset derecognition and provides new guidance on partial sales of nonfinancial assets.
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Alert
New FASB Guidance Simplifies the Test for Goodwill Impairment
ASU 2017-04 simplifies the test for goodwill impairment and amends US GAAP ASC Topic 350, Intangibles—Goodwill and Other.
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