Nonprofit Resources
Top Six April 2024 Announcements for Higher Education Institutions
April 30, 2024 - Our monthly summary of top announcements that apply to higher education institutions includes updates on FAFSA Simplification and other upcoming Title IV requirements, plus links to an updated guide and webinar information.
New Department of Labor Overtime Rule for Exempt Employees Finalized
April 26, 2024 - A new Department of Labor rule that increases the salary thresholds required to exempt a bona fide executive, administrative, or professional employee from federal overtime pay requirements has been finalized. The first salary threshold increase will go into effect on July 1, 2024.
Top Five March 2024 Announcements for Higher Education Institutions
March 28, 2024 - A summary of the top five March 2024 announcements that apply to higher education institutions, along with an updated guide and webinar information.
IRS Delays Requirement to File Form 1042 Electronically
February 29, 2024 - The IRS has delayed the requirement that IRS Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, be filed electronically in calendar year 2024.
Top Five February 2024 Announcements for Higher Education Institutions
February 29, 2024 - Here is a summary of the top five February 2024 U.S. Department of Education announcements that apply to higher education institutions, along with key reporting deadlines and webinar information.
Key Federal Tax Figures for 2024
February 1, 2024 - Our 2024 Key Federal Tax Figures summary is designed to be a helpful reference tool throughout the year. Download or print your free copy.
Top Five January 2024 Announcements for Higher Education Institutions
January 31, 2024 - Here is a summary of the top five January 2024 U.S. Department of Education announcements that apply to higher education institutions, along with key reporting deadlines and information about an upcoming FASFA webinar.
Important Upcoming Employee Retention Credit Due Dates
January 30, 2024 - Upcoming ERC deadlines to be aware of and plan for, including the ERC Voluntary Disclosure Program application deadline on March 22.
E-file for Forms 990-T and 1120-POL Unavailable Until March 17, 2024
January 24, 2024 - This applies to all Forms 990-T, including those with due dates between January 15, 2024, and March 15, 2024. As a reminder, Form 990-T must be filed electronically.
Proposed Legislation May End Employee Retention Credit on January 31, 2024
January 22, 2024 - The House Ways and Means Committee voted to approve legislation that, if passed by Congress and signed by the President, could have significant implications for the future of the Employee Retention Credit (ERC).