Watch Out for Student Credit Balance Deficiencies
September 8, 2016
Student credit balance deficiencies may be the result of payments from Title IV program funds, personal funds, private loans, and institutional grants.
Student credit balance deficiencies may be the result of payments from Title IV program funds, personal funds, private loans, and institutional grants.
Related party transactions can have an effect on the profit or loss and financial position of an entity.
Pell Grant over/under payments are caused by using incorrect formulas, overall incorrect calculations, and errors regarding changes in enrollment status.
Verification violations include missing documentation and income tax transcripts; untaxed income not verified; and, conflicting data unresolved.
If you suffer damage to your home/personal property, you may be able to deduct these “casualty” losses on your federal tax return. Here’s what you should know.
Many institutions of higher learning are having trouble returning Title IV funds (R2T4) within the allowable time frame.
Title IV financial aid allocated for a student who later withdraws should be returned. Typically, financial aid must be returned within 45 days of withdrawal.
All charitable donations are not created equal. As you file your 2015 return and plan your charitable giving for 2016, determine how much you can deduct.
One of the top 10 audit findings for institutions of higher learning is failure to take corrective action with respect to compliance audit findings.
Nevada has enacted a new Commerce Tax effective July 1, 2015.