The Tax Law of Colleges and Universities (Wiley Nonprofit Law, Finance and Management Series) [Hardcover]

Bertrand M. Harding Jr. (Author)

Book Description

Publication Date: July 21, 1997 | ISBN-10: 0471159395 | ISBN-13: 978-0471159391 | Edition: 1

The 2003 Supplement includes discussion of the following developments and much more:

• Publication of final intermediate sanctions regulations replacing the temporary regulations that were issued in early 2001 and the final corporate sponsorship regulations, which replaced the proposed regulations that were issued in early 2000.
• A final decision by the IRS to deny the claims filed by over 100 universities and hospitals for refunds of FICA/Medicare taxes with respect to the wages paid to medical residents.
• Capital gains exclusion to unrelated business income
• Tax treatment of immigration-related expenses(green-card attorneys fees, visa expenses, etc.)paid by a college or university on behalf of its employees and other individuals
• Tax-free discharges of student loans and whether a student has income when his or her student loan is forgiven by a school in return for the performance of future services.

Editorial Reviews

From the Publisher

Institutions of higher education are under increasing scrutiny from the Internal Revenue Service for the wide spectrum of unrelated business income they can generate, from real estate income to football ticket sales. From one of the leading attorneys in this special field, here is a comprehensive guide to the tax rules these institutions face. Also includes thorough coverage of employment taxes, fringe benefits, lobbying and other political activities, plus strategies for handling an IRS audit.

About the Author

Bertrand M. Harding, Jr., Operates his own law firm in Alexandria, Virginia, where he specializes in nonprofit law with emphasis on tax issues and problems facing colleges and universities. A substantial component of his practice also involves representation of colleges, universities, and other nonprofit organizations in controversies with the Internal Revenue Service, including audits, all levels of administrative appeal, and court. he speaks frequently to groups involved in college and university tax issues.

Mr. Harding's interest and involvement in nonprofit tax law began in the early 1970s when he worked for the IRS Exempt Organizations division while attending the George Washington University Law School in the evenings. After graduation from law school in 1975, Mr. Harding served for two years as an attorney-adviser to the Honorable Judge Bruce M. Forrester, United States Tax Court. In 1977, he joined the Washington office of the international law firm of Baker & McKenzie, where he was elected a tax partner in 1984. While at Baker & McKenzie, Mr. Harding represented a number of clients in tax controversy matters and, in addition, developed a nonprofit tax practice drawing on the knowledge and experience that he had gained while working at the IRS. in 1996, he left Baker & McKenzie to establish his own law firm specializing in nonprofit tax matters and representation of clients in tax controversies with the IRS.

Mr. Harding received his BA from Duke University in 1968. --This text refers to an alternate Hardcover edition.

Product Details

• Hardcover: 400 pages
• Publisher: Wiley; 1 edition (July 21, 1997)
• Language: English
• ISBN-10: 0471159395
• ISBN-13: 978-0471159391
• Product Dimensions: 9.5 x 6.5 x 1.1 inches
• Shipping Weight: 1.7 pounds
• Amazon Best Sellers Rank: #10,001,894 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.