2022 Tax Forum

Join us for this multi-subject session to hear updates on a variety of tax issues affecting institutions, employees, and students, including:

• What benefits are still tax-free in a remote work environment
• Legislation addressing name, image, and likeness compensation for student athletes and other athletics issues
• Worker classification (1099 v. W-2)

Speakers

• Joel Levenson, assistant vice president for tax, payables and procurement, University of Central Florida
• Tracy Paglia, partner, Moss Adams

75 minutes; 1.5 CPE credits in Taxes

Is your institution currently able to offer benefits that attract and retain the best talent possible? Panelists will identify new perks and fringe benefits that can position your institution well in the competition for talent and discuss the tax and reporting implications of them. The panel will share their insights from experiences at their own institutions and those they have worked with in the past or currently.

Speakers

• William Allen, executive director, Payroll and Tax, Cornell University
• Louis Curcio, assistant vice president, global payroll and tax compliance, New York University
• C. Aaron LeMay, interim, chief business and finance officer, vice president for financial accounting and reporting, University of Texas Medical Branch
• Daniel Romano, partner and NFP tax practice leader, Grant Thornton LLP

75 minutes; 1.5 CPE credits in Taxes

Cryptocurrency is quickly moving beyond early adoption and becoming increasingly mainstream as more people want to invest, transact, and donate in crypto. And while gifts of cryptocurrency are becoming more and more frequent, the space continues to change quickly as governments begin to address and adopt regulations impacting digital assets. As more and more donors acquire and invest in digital assets of increasing value, organizations might miss out on potential revenue if they are unprepared to accept these donations. In this session, we will provide an overview of the common tax implications surrounding the donation and receipt of digital assets and provide suggestions for your consideration as you manage relationships with donors.

Speakers

• Michael Degenhart, associate vice president of planned giving, Penn State University
• Jodi Kessler, assistant director of tax, MIT
• Lori McLaughlin, exempt organization tax partner, Crowe LLP
• Alex Wilson, co-founder, The Giving Block

75 minutes; 1.5 CPE credits in Taxes

Many schools, universities, and colleges are unaware that they may qualify for the CARES Act Employee Retention Credit (ERC). The ERC allows businesses impacted by COVID-19 to receive a refundable, above the line payroll tax credit.

Synergi Partners, the largest privately-owned tax credit and business incentive processor is here to bring you the latest information surrounding the ERC. During this webinar we will discuss eligibility, updates to the ERC, compare the differences between 2020 and 2021 legislation, and showcase how the ERC can benefit your organization.

Even if you have filed the ERC already or have spoken with someone else about the program, it is definitely worth taking the time to listen to this webinar to help you determine if your school, university, or college may qualify for the ERC.

Speakers

• Jeff Walker, senior vice president, Synergi Partners
• Bridge Jernigan, government relations, Synergi Partners

30 minutes; no CPE

This session will offer suggestions and ideas for taking a fresh look at your compliance process with the goal of becoming more efficient in your approach to data gathering, information processing, and workflow. The panelists will highlight and explain recent changes to IRS forms, which can be a source of confusion. The speakers will address both the operations and investment components related to international tax reporting.

Speakers

• Becky Laskowski, tax director, University of Notre Dame
• David James Gilbertson, partner, PwC

75 minutes; 1.5 CPE credits in Taxes

Historically, only a few colleges and universities needed to consider sales tax laws outside their home state. In the wake of Wayfair though, schools are exposed to sales tax laws in multiple states. Many states have begun to tax the sale of online classes – a development made even more important by the proliferation of online classes during the pandemic. This session will begin by discussing why some states tax online education and examine several sales tax laws, identifying exemptions that colleges and universities may be able to utilize. The presenters will then share how their campuses have responded to the compliance challenges of online classes, and planning opportunities that they have used to reduce exposure.

Speakers

• Benjamin Davidson, director of tax policy and analysis, associate university counsel, and adjunct professor of law, The University of North Carolina at Chapel Hill
• Kyle ZumBerge, director of tax services, The University of Texas at Austin

60 minutes; 1 CPE credit in Taxes

Handling tax compliance can be a daunting task at any school, especially when you might be challenged with limited staff and resources. Now in the wake of COVID, there are even more potential issues. Join this session for a discussion of how to navigate the myriad and tangled issues that have arisen from COVID "relief," the still-emerging facets of the Tax Cuts and Jobs Act, and other recent compliance pronouncements that specifically affect small institutions.

Speakers

• Dave Moja, Moja & Company

75 minutes; 1.5 CPE credits in Taxes

This session will explore the reality of off-campus employees and the many considerations that accompany the new reality including employee satisfaction, cost structures, and talent acquisition. Panelists will address various stakeholder considerations related to US state and local payroll taxes and other employment taxes, international issues, as well as organizational considerations. We will present a remote work framework that institutions can consider when developing and operationalizing policy guardrails. University presenters will share case studies and experiences from their institutions.

Speakers

• Barbara Cevallos, associate vice president and systemwide controller, University of California
• Kristy Holmes, senior associate director, global financial services, Princeton University
• Jignesh Shroff, director of tax, Northeastern University
• David Mayes, principal, KPMG, LLP
• Gary Menin, senior manager, tax, KPMG, LLP

75 minutes; 1.5 CPE credits in Taxes

Hear timely updates from the nation’s capital about the political climate, the implications of the recent elections, and current legislative and regulatory issues affecting colleges and universities, as well as what’s on the horizon for the next Congress.

Speakers

• Liz Clark, vice president, policy & research, NACUBO

60 minutes; 1 CPE credit in Specialized Knowledge

Are you aware of the following opportunities to recover overpaid taxes to your institutions?

• In terms of tax management and administration on campus, compliance is the primary goal – ensuring that tax withholding, reporting, and filings are made in a timely manner to avoid penalties and interest
• Recovery of overpaid taxes and fees can be overlooked
• There are four areas where U.S. universities and colleges can quickly recover overpaid taxes and fees
  • Employee Retention Tax Credit
  • Abandoned and Unclaimed Property
  • Recovery, Audit Defense, & Compliance
  • Operationalizing the Inflation Reduction Act

Join this demo from Ryan to learn more about these opportunities.

Speakers

• Ian Boccaccio, principal, Ryan
• Allea Newbold, principal, Ryan
• Mark Paolillo, principal, Ryan

30 minutes; no CPE

Athletics is an important, highly scrutinized, and ever evolving area of operations for most institutions. This session will provide an overview on hot topics in order help you support your University’s athletics operations. Topics covered will include coaches' contract and buyouts; recent unrelated business income tax topics in athletic departments; payments for name, image, and likeness (NIL); and more.

Speakers

• Sarah Caffrey, controller, Villanova University
• Erica R. McReynolds, director, exempt organization tax services, PwC

75 minutes; 1.5 CPE credits in Taxes

Managing affiliated/related organizations can be a very complex process, especially considering there are different definitions of “control” depending on the circumstance (e.g., audit, tax, legal). Our presentation will clarify these definitions, provide guidelines to meet compliance requirements and develop internal procedures to manage risk and compliance going forward.

Speakers

• Shannon Armstrong, associate director - tax, Columbia University
• Qi Wen Liang, senior manager, Moss Adams LLP

75 minutes; 1.5 CPE credits in Taxes