Nonprofit Resources
Top Eight June 2024 Announcements for Higher Education Institutions
June 27, 2024 - A summary of the top eight June 2024 U.S. Department of Education announcements that apply to higher education institutions, along with an updated guide and webinar information.
IRS Provides an Update on Employee Retention Credit Claim Processing
June 21, 2024 - The IRS has provided an update on Employee Retention Credit (ERC) claim processing, including whether it will lift the processing moratorium in place since last September. Here are the key takeaways.
2024 OMB Compliance Supplement Now Available
June 11, 2024 - The 2024 Compliance Supplement, which applies to entities subject to audits in accordance with 2 CFR Part 200, has been released by the U.S. Office of Management and Budget. Here’s a summary of key changes, including changes in the Student Financial Assistance Cluster and information on the effective date for the new threshold for Single Audits.
Top Eight May 2024 Announcements for Higher Education Institutions
May 31, 2024 - Here is a summary of the top eight May 2024 U.S. Department of Education announcements that apply to higher education institutions, including upcoming Title IV requirements and FAFSA Simplification updates.
Overview of the Amended Title IV Regulations Effective July 1
May 28, 2024 - Learn about the amended Title IV regulations related to financial responsibility with our latest article and download our helpful summary of triggering events.
Top Six April 2024 Announcements for Higher Education Institutions
April 30, 2024 - Our monthly summary of top announcements that apply to higher education institutions includes updates on FAFSA Simplification and other upcoming Title IV requirements, plus links to an updated guide and webinar information.
New Department of Labor Overtime Rule for Exempt Employees Finalized
April 26, 2024 - A new Department of Labor rule that increases the salary thresholds required to exempt a bona fide executive, administrative, or professional employee from federal overtime pay requirements has been finalized. The first salary threshold increase will go into effect on July 1, 2024.
Top Five March 2024 Announcements for Higher Education Institutions
March 28, 2024 - A summary of the top five March 2024 announcements that apply to higher education institutions, along with an updated guide and webinar information.
IRS Delays Requirement to File Form 1042 Electronically
February 29, 2024 - The IRS has delayed the requirement that IRS Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, be filed electronically in calendar year 2024.
Top Five February 2024 Announcements for Higher Education Institutions
February 29, 2024 - Here is a summary of the top five February 2024 U.S. Department of Education announcements that apply to higher education institutions, along with key reporting deadlines and webinar information.