Renewed Attack on Minister’s Housing Allowance
April 20, 2016 - On April 6, 2016, the Freedom From Religion Foundation renewed its attack on the minister's housing allowance by filing a complaint. This is only the first step in what will probably be a several-year court proceeding.
Two-Year Extension of the Federal Perkins Loan Program
February 22, 2016 - The Federal Perkins Loan Program Act of 2015 (the Extension Act) has extended the Perkins Loan Program through September 30, 2017. The Extension Act also prohibits any further extensions.
Key Federal Tax Figures for 2016
January 14, 2016 - Our annually updated Key Federal Tax Figures summary, plus what you need to know about the IRA "roll-over" distribution to charity being made permanent.
IRS Extends Deadlines for ACA Reporting Forms
January 4, 2016 - The IRS announced that it has extended the due dates for Affordable Care Act (ACA) reporting Forms 1095-B and 1095-C.
Final Wind-down of the Federal Perkins Loan Program
October 2, 2015 - In an effort to rewrite the Higher Education Act and streamline the federal government's various student loan programs, the Federal Perkins Loan Program has officially ended.
Important Update on Employer Health Insurance Premium Reimbursement/Payment Plans
February 20, 2015 - For many years, employers were able to directly pay for, or reimburse employees for, the premiums of health insurance policies purchased by an employee without the employee being taxed. This favorable treatment changed effective January 1, 2014. Employers offering premium reimbursement plans are not complying with the Affordable Care Act (ACA), and may be subject to substantial penalties.