Tax Council

The principal charge of the Tax Council is to advise the NACUBO President and the staff on tax issues of concern to the association. The council supports the association's tax policy and advocacy goals by:

identifying and relaying the information and advocacy needs of colleges and universities in the areas of tax policy, legislation, regulations, and programs and providing feedback on NACUBO’s plans and efforts to meet these needs;
informing NACUBO of the specific needs of members for basic and advanced training, skill improvement, and other forms of professional growth relating to taxation and assisting in the development of strategies to meet these needs; and
offering advice and counsel on federal tax laws, regulations, programs, and issues affecting colleges and universities.

Council Members

Joel Levenson, Chair

Assistant Vice President, Tax, Payables and Procurement
University of Central Florida

Kendra Cooks

Chief Financial Officer and Treasurer
Wabash College

Louis Curcio

Assistant Vice President, Global Payroll and Tax Compliance
New York University

Jodi Kessler

Director, Tax and Global Operations
Massachusetts Institute of Technology

Angie Leahy

Associate Vice Chancellor for Finance and Controller
Washington University in St. Louis

C. Aaron LeMay

Vice President, Financial Accounting and Reporting
University of Texas Medical Branch

Maryann Piccolo

Associate Comptroller – Corporate Tax, Compliance and Payroll
University of Pennsylvania

Megan Talley

Senior Director of Investment Accounting
University of Tennessee System

NACUBO Staff Liaison

Mary M. Bachinger
Director, Tax Policy

Contact

Mary Bachinger

Director, Tax Policy

202.861.2581

Treasury Releases Guidance on Labor Protections for Energy Tax Incentives

The Treasury Department’s notice is the initial implementation of the strong labor standards that firms must meet to qualify for enhanced clean energy and energy efficiency tax incentives, including the green building deduction under Section 179D.

IRS Publishes Initial Guidance on 2023 Electric Vehicle Credits

Certain new electric vehicles purchased on or after January 1, 2023, will be eligible for up to a $7,500 clean vehicle tax credit, according to new IRS guidance. Private nonprofit colleges and universities and some public institutions can claim the credits.

IRS Issues Proposed Rules on Battery Content for Clean Vehicle Tax Credits

To qualify for the new credit enacted in the Inflation Reduction Act, clean vehicles purchased by taxpayers need to meet certain battery component requirements. New proposed guidance from the IRS provides details for determining whether a significant percentage of critical components used in a car’s battery were processed domestically, and therefore qualify for the credit.