by Dave Moja | Sep 15, 2022 | FinanceLab
The Coronavirus “Era” (that we are still not through) has hit many of us in different ways.Through the negatives, we have learned much and – in some cases – become better at what wedo. But it has been a struggle. Even though the IRS has recently been super-funded by... by Dave Moja | Aug 9, 2022 | FinanceLab
Let’s face it. It can be a challenge for many institutions to ensure that the Finance Team isnotified regarding every single in-kind or non-cash donation. At your school, is there a chancethat someone might donate some type of “know how” and that it would not be... by Dave Moja | Jul 16, 2022 | FinanceLab
As they do annually, in late 2021, the IRS released the standard mileage rates for 2022. Prior to thebeginning of any given calendar year, it is a good idea to update your various polices, guidelines,worksheets, and templates to reflect the new rates.The original 2022... by Dave Moja | Jun 16, 2022 | FinanceLab
Here’s a question we get occasionally: Our school has coin-operated washing machines anddryers are used by resident students to wash linens, clothing, etc. Do the revenues from theLaundromat constitute unrelated business income? What if the Laundromat is open to the... by Dave Moja | Jun 3, 2022 | FinanceLab
These days, post-COVID, many colleges are looking toward new fundraising ventures in order to raisemuch-needed dollars. One opportunity may be in the form of “raffles.” Institutions should diligentlyresearch and ensure that they are staying within the law when it... by Dave Moja | May 4, 2022 | FinanceLab
Starting in 2016, the Financial Accounting Standards Board (FASB) began releasing new “leaserules.” After several “exposure drafts” and much discussion, we now have Topic 842, Leases.These new rules will mean a huge change in accounting for leased assets and the...