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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.

Guide to IRS Form 990

Members Only

A valuable benefit exclusively for NACUBO members, this up-to-date tool, geared specifically to colleges and universities, is an essential resource to help you collect information, engage campus stakeholders, and prepare your institution’s annual tax information return. The Guide to IRS Form 990 is written by nonprofit tax specialists from Crowe.

Access the Tool

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Join the Conversation: Taxlist

Members Only

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 hundreds of campus tax professionals on NACUBO’s Taxlist – an online discussion group aimed at information-sharing and problem-solving related to tax management and compliance challenges.

1098-T Reporting

NACUBO has compiled a number of resources to help institutions with 1098-T reporting.

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


News

IRS Reopens Comment Period for 1098-T Reporting Requirements Proposed in 2016

February 26, 2024

In one of several efforts by the Biden administration to complete long-awaited regulatory projects related to serving students, the IRS is accepting comments on Form 1098-T institutional reporting requirements that were proposed almost eight years ago.


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  • January 5, 2024

    IRS Opens Direct Pay Election Tool for Clean Energy Credits

    Colleges and universities pursuing a direct pay election for qualifying Inflation Reduction Act credits must register their intent with the IRS.

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  • September 8, 2023

    Treasury and IRS Propose Guidance on IRA Prevailing Wage and Apprenticeship Rules

    For organizations and institutions interested in claiming bonus amounts of federal tax benefits for clean energy and green building projects under the Inflation Reduction Act, the Treasury Department and the IRS have proposed regulations detailing the requirements, correction processes, and penalties related to the wage and apprenticeship provisions in the act.

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Accounting & Tax Quarterly

This quarterly e-newsletter provides campus accounting and tax professionals with the latest insights, resources from NACUBO, and more.

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).

NACUBO Advisories

Stay current and compliant with guidance from NACUBO. Advisories provide direction on a variety of complex topics.