Nonprofit Resources
Treasury and IRS Announce 2025 Penalty Relief for Employer Reporting of Overtime Pay and Tips
November 7, 2025 - The U.S. Department of the Treasury and the IRS have announced penalty relief for tax year 2025 related to the new reporting requirements for qualified overtime compensation and cash tips enacted in the One Big Beautiful Bill Act. Here’s what employers need to know.
October 2025 Announcements for Higher Education Institutions
October 31, 2025 – Due to the U.S. government shutdown, there are no new Department of Education announcements this month. This summary highlights details on how the shutdown is affecting operations across higher education institutions.
IRS Issues FAQs on Recent Employee Retention Credit Changes
October 29, 2025 - The IRS has published frequently asked questions addressing recent changes to the Employee Retention Credit (ERC) enacted under the One Big Beautiful Bill Act. Learn what the new ERC limitations may mean for your organization.
U.S. Government Shutdown Impacts on Higher Education Operations
October 1, 2025 – Here is a summary of an important Department of Education announcement regarding the federal government shutdown.
Top Six September 2025 Announcements for Higher Education Institutions
September 29, 2025 – This is a summary of the top six September 2025 U.S. Department of Education (ED) and other announcements that apply to higher education institutions, plus information about an upcoming Federal Student Aid (FSA) webinar.
Top Seven August 2025 Announcements for Higher Education Institutions
August 27, 2025 – This summary of the top seven August 2025 higher education announcements includes U.S. Department of Education (ED) and related announcements, plus information about a new FSA training resource.
Top Eight July 2025 Announcements for Higher Education Institutions
July 31, 2025 - This summary of July 2025 higher education updates includes details on important new tax legislation, upcoming deadlines, changes to FAFSA identity verification, and more.
Top Six June 2025 Announcements for Higher Education Institutions
June 30, 2025 - Our summary of the key June 2025 updates for higher education institutions includes upcoming deadlines, the Department of Education's identify theft prevention efforts, new features and beta testing for the 2026-27 FAFSA award cycle, and more.
Top Seven May 2025 Announcements for Higher Education Institutions
May 30, 2025 - Check out our summary of the top seven May 2025 U.S. Department of Education (ED) and other announcements that apply to higher education institutions. We’ve also provided information about a new webinar.
Key Federal Tax Figures for 2025
February 13, 2025 - We are pleased to provide our annual Key Federal Tax Figures summary, which is designed to be a helpful reference tool throughout the year. We’ve expanded and enhanced the table this year to provide you with additional information.