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Summary of Federal Laws

 

Tax

 

The Internal Revenue Code (I.R.C.)

 

Tax Issues Related to Employment

 

  Wages 

  Withholding
  Independent Contractor
  Clergy Housing Allowance Clarification Act 
  Cafeteria Plans
  Fringe Benefits

  Taxpayer Identifying Numbers and Requirements to Furnish to the IRS

  Retirement and Other Deferred Compensation Arrangements
  The Social Security Act (The Federal Old Age and Survivors Insurance Trust Fund and Federal   Disability and Insurance Trust Fund, and the Federal Insurance Contributions Act (FICA))
  The Federal Unemployment Tax Act (FUTA)
  Royalty Payments to Faculty

 

Tax Issues Related to Students

 

  Tax Credits and Tax Deductions
  Tuition Programs Under 117, 127 and 132 of the Internal Revenue Code
  Tuition Payment Credit Reporting Requirements
  Student Loan Interest Deduction
  Student Loan Interest Reporting
  Scholarships and Fellowships (I.R.C. § 117)
  Scholarships and Fellowships Paid to Foreign Students and Scholars
  Qualified Tuition Reductions

 

Tax Issues Related to Donations

 

  Substantiation and Disclosure Provisions
  Quid Pro Quo Rules
  Donee Responsibilities with Respect to Charitable Contributions
  Intellectual Property Donations: American Jobs Creation Act of 2004

 

 

Miscellaneous Tax Issues

 

  Legislative and Political Activities
  Intermediate Sanctions for Excess Benefits
  Research and Contracts
  Unrelated Business Income Tax
  Debt Structure
  Form 990 and Public Disclosure Requirements
  Low Income Taxpayer Clinics
  Payments Made to Attorneys
  Good Governance and Conflict of Interest Policy 





links updated 6/23/08 rab

 



Last Revised 23-Jun-08 04:31 PM.