September 25, 2012
White House Reports Sequester Cuts Will Be Blunt and IndiscriminateWhite House Reports Sequester Cuts Will Be Blunt and Indiscriminate
According to a September 14 White House report, under sequestration, spending for student aid, except for Pell Grants, would be reduced across-the-board by 7.6 to 8.2 percent. Pell Grants would be protected for FY13 only.

NACUBO Members Take Concerns to Capitol Hill

When members of Congress and their staff turned their attention once again to legislative business after the annual August break, many were met by NACUBO members who went to Capitol Hill to increase awareness of college- and university-related tax and budgetary concerns.

Health Care Reform Update: IRS Publishes Interim Safe Harbors Defining Full-time Employee Status and 90-Day Waiting Periods

The IRS has outlined several methods that employers may, but are not required to, follow for identifying full-time employees who must be offered group health coverage under the employer shared responsibility provisions of the Affordable Care Act.

VA Plans to Make Benefit Payments to Schools via EFT

In a meeting with NACUBO members, the agency announced that it intends to collect banking and tax information from institutions in order to simplify Post-9/11 GI Bill payments.

2012 Intermediate Accounting and Reporting - October

October 22-23, 2012
New Orleans, LA

This program is a fantastic introduction for new professionals moving into higher education accounting as well as those individuals seeking to brush up on their technical accounting knowledge. This accounting and financial reporting workshop covers net asset classes, restrictions, endowments, split interest agreements, capital assets, debt, and operating activities.


 

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