Skip to content Menu

Tax

Stay on top of the many rules and policy developments affecting higher education tax administration and compliance, and follow NACUBO's advocacy efforts on tax matters.

Tax Cut and Jobs Act

Follow NACUBO's summary of TCJA implementation guidance that has been published from the IRS and refer to NACUBO's statements and resources to understand the impact of tax reform provisions on your students, staff, and institution.

1098-T Reporting

In December 2015, Congress eliminated the option for colleges and universities to report "amounts billed" on Internal Revenue Service Form 1098-T, Tuition Statement, requiring colleges and universities to modify systems to allow them to report "amounts paid" for qualified tuition and related expenses. NACUBO has compiled a number of resources to help institutions with 1098-T reporting.

Tax Primer: A Brief Introduction to Higher Education Tax Policy Issues

Published: September 12, 2018

This primer provides a brief overview of tax issues under consideration and scrutiny in the nation's capital following passage of the Tax Cuts and Jobs Act of 2017.

Download your copy.

Join the Conversation: Taxlist

Need help sorting out the tax treatment of a scholarship or reporting taxable benefits? Want to know what approaches your peers at other institutions are taking?  Join NACUBO's taxlist - an online discussion group more than 600 campus tax professionals. (Participation is limited to employees of education institutions).  

Tax Council

NACUBO's policy and advocacy work in the tax area is supported and guided by members of the Tax Council.  Comprised of individuals responsible for tax administration and compliance on their campus, members of the council analyze and shape NACUBO's responses to federal legislative and regulatory proposals, meet with law and policymakers in Washington, and serve as faculty for NACUBO's tax programs.  

Contact

Mary Bachinger

Director, Tax Policy

202.861.2581

mbachinger@nacubo.org


News

Could the New Fringe Benefit Tax Be Repealed This Year?

December 07, 2018

Lawmakers have pushed the next federal government funding deadline to December 21. In the meantime, they are trying to negotiate a number of controversial issues—President Donald Trump wants a budget agreement that includes funding for a border wall, and tax writers are seeking agreement on a long list of tax provisions.


Read Full Article
  • January 07, 2019

    What Did I Miss in Washington? December 11, 2018-January 7, 2019

    The government shutdown enters its third week, NACUBO seeks tax incentives for energy-efficient construction, a new law prohibits late fees charged to veterans, and more.

    Read More →
  • January 04, 2019

    IRS Issues Interim Guidance on Executive Compensation Excise Tax

    The IRS recently published a lengthy and detailed notice on the new excise tax on employee compensation above $1 million paid by tax-exempt organizations. The interim guidance offers key definitions and explains how to report and pay the excise tax.

    Read More →
  • December 12, 2018

    IRS Publishes Guidance for Employers on the Fringe Benefits Tax

    In an attempt to limit the impact of a Tax Cuts and Jobs Act provision on nonprofit employers, including colleges and universities, the IRS and Treasury have issued interim guidance that includes a safe harbor for compliance. NACUBO continues to advocate for repeal of the provision.

    Read More →

Learn More

Unrelated Business Income Tax Workshop

February 27- March 1, 2019 | Marriott Riverfront | Savannah, GA

Our team of campus tax experts will teach you how to understand and apply the fundamental concepts of UBI as well as easily identify potential UBI-generating activities. Discover how to engage colleagues around campus in helping to limit your institution’s UBIT exposure and set up practical tools such as checklists and forms to streamline processes. You’ll walk away with a better understanding of this often misunderstood, but critical area of tax compliance.

Join the Conversation

If you're not already a subscriber to NACUBO's discussion group of more than 600 campus tax professionals, join the Taxlist eGroup. (Only employees of higher education institutions may participate).

Legislative Lunchcast

December 14, 2018

NACUBO federal affairs staff, will discuss issues that impact students and institutions, such as: midterm election updates and outcomes, regulatory and judicial developments on financial responsibility, gainful employment, and Title IX, as well as the latest on the Tax Cuts and Jobs Act .