The Tax Law of Colleges and Universities, Second Edition is the primary tax guide for higher educations institutions. It provides comprehensive coverage of the most important issues facing colleges and universities including employment taxes, fringe benefits (including 403(b) retirement plans and deferred compensation), lobbying and other political activities, subsidiaries and spin-offs (graduate schools, research institutes, and fundraising foundations), plus strategies for handling an IRS audit.

Also contains the most current information on new intermediate sanctions regulations, tax treatment of immigration-related expenses paid by a college or university on behalf of its employees and other individuals, and Capital gains exclusion to unrelated business income.

This title is supplemented annually to keep you fully abreast of all of the latest tax law changes that affect colleges and universities.