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Key Tax Facts for 2025
As we approach the end of the first quarter of 2025 (can you believe it?), this might be a good time to take a look at several pertinent...
Dave Moja
Mar 143 min read
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Beneficial Ownership Information Reporting: The Clock is Ticking
***UPDATE as of March 3, 2025*** BOI Reporting Requirements Ended! In a move not unlike the abhorrent delayed government reactions to the...
Dave Moja
Feb 273 min read
10 views


V.A. Funding: UPDATE
The “Johnny Isakson and David P. Roe, M.D. Veterans Health Care and Benefits Improvement Act of 2020” added several requirements, including
Dave Moja
Feb 143 min read
32 views


January 2025 Accreditation Commission Actions
Click here for detail on all actions The TRACS Accreditation Commission took the following actions at the January 24, 2025, meeting. The...
krunion
Feb 51 min read
189 views
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Request for Comments - TRACS BP 122
The Transnational Association of Christian Colleges and Schools (TRACS) is proposing the new policy below for addition to the TRACS...
krunion
Jan 271 min read
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TITLE IV Financial Value Transparency and Gainful Employment Reporting Update
Please see Federal Student Aid's article here: https://fsapartners.ed.gov/knowledge-center/library/electronic-announcements/2025-01-17/re...
Andy Carrein
Jan 231 min read
5 views


Qualified Charitable Deductions (IRA) - **DEVELOPMENT DIRECTOR ALERT**
There is a oft-times overlooked fundraising opportunity that your institution should be aware of: The “IRA Qualified Charitable...
Dave Moja
Nov 18, 20243 min read
25 views


October 2024 Accreditation Commission Actions
Click here for detail on all actions The TRACS Accreditation Commission took the following actions at the October 21-22, 2024, meeting....
krunion
Nov 15, 20241 min read
362 views
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Paine College Board of Trustees Selects Dr. Lester McCorn as Next President of Paine College
Augusta, Ga The Board of Trustees of Paine College is pleased to announce the appointment of Rev. Dr. Lester A. McCorn as...
Andy Carrein
Nov 12, 20241 min read
17 views
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TWO ANNUAL AUDIT REPORTING “TRAPS” INSTITUTIONS SHOULD BE AWARE OF
The U.S. Department of Education (ED) has announced that the “threshold” for the amount of Federal funds that will require a “Uniform...
Dave Moja
Aug 16, 20243 min read
123 views
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Are remote distance learning faculty independent contractors?
The following blog post was generated by AI (ChatGPT) and has been reviewed by TRACS Staff for general accuracy and applicability to...
Barry Griffith
Jul 26, 20243 min read
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Can faculty at colleges be considered independent contractors?
The following blog post was generated by AI (ChatGPT) and has been reviewed by TRACS Staff for general accuracy and applicability to...
Barry Griffith
Jul 26, 20243 min read
250 views
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What are the best practices in Higher Ed concerning withholding transcripts for students who still owe the institution?
The following blog post was generated by AI (ChatGPT 4.0) and reviewed by TRACS Staff for general accuracy and applicability to TRACS...
Barry Griffith
Jul 26, 20242 min read
18 views
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June 2024 Accreditation Commission Actions
Click here for detail on all actions The TRACS Accreditation Commission took the following actions at the June 28, 2024, meeting. The...
Andy Carrein
Jul 17, 20241 min read
326 views
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Results of 2024 Commission Election
The following individuals were elected to serve on the TRACS Accreditation Commission for a three-year term, beginning July 1, 2024, and...
Andy Carrein
Jul 3, 20241 min read
89 views
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Form 1099-NEC
Have you heard? A few years ago the IRS “updated” the annual filing/reporting process for “independent workers.” In the past,...
Dave Moja
Jul 2, 20243 min read
58 views
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April 2024 Accreditation Commission Actions
Click here for detail on all actions The TRACS Accreditation Commission took the following actions at the April 22-23, 2024, meeting. The...
Andy Carrein
May 22, 20241 min read
477 views


Donated Labor or Services – Tax Deductible?
As we move into the final stretch toward Tax Day (April 15th), here is a question we receive often – is the value donated services/labor...
Dave Moja
Apr 4, 20243 min read
2,125 views
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Distance Education Authorization Meeting
The TRACS Accreditation Commission met in a special session on Thursday, October 5, 2023, to consider Distance Education proposals from...
Andy Carrein
Nov 20, 20231 min read
128 views
0 comments


New Money – Part 2: Government Grants (Grants.gov)
This segment of TRACS: Finance Lab is the second of a three-part series on interesting opportunities for grants, credits, and refunds of...
Dave Moja
Nov 17, 20233 min read
34 views
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