NACUBO Seeks Delay of 1098-T Changes
Institutions should not have to comply with the new Box 1 reporting requirement until the Internal Revenue Service publishes final regulations with specific guidance, NACUBO President and CEO John Walda wrote in a recent letter to the agency.
1098-T: Box 1 Will Be Required for Tax Year 2018 Reporting
Despite receiving NACUBO’s July 21 letter requesting a delay, federal officials informed the association that the Internal Revenue Service (IRS) is not planning to grant any further relief from the Box 1 reporting requirement on the Form 1098-T.
What Did I Miss in Washington? September 18-October 16, 2017
In this edition: tax reform, a new "Protect Dreamers" coalition, an ED webinar on data security, and more.