Nonprofit Resources
New IRS Guidance on Group Exemptions and Overtime Deduction
January 26, 2026 - The IRS has released information on the new process for obtaining group exemption letters, along with frequently asked questions (FAQs) related to the new overtime deduction.
Top November/December 2025 Announcements for Higher Education Institutions
December 11, 2025 – Here is a summary of important recent announcements for your institution to be aware of, including the release of the 2025 Compliance Supplement Update, the movement of Department of Education programs between government agencies, and changes to the Public Service Loan Forgiveness Program eligibility requirements.
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.