This person can be a “three-fer,” providing leadership in the business office, the perspective of a consultant and guidance in the hiring of the new CFO.
12 min read
Initial reporting from BIIS data-collection platform reveals modest declines in schools’ financial footing. Is the trend real — or a temporary illusion?
3 min read
But W-4s will likely not change for at least another year.
2 min read
-
Debt
-
|
Regulatory Updates
-
|
Tax
Independent schools might breathe a small sigh of relief in reviewing the final compromise version of the sweeping tax overhaul legislation released December 15 by the House and Senate conference committee. The 1,097-pag
4 min read
The GOP rush toward major tax legislation accelerated last night when Alabama GOP Senate candidate Roy Moore lost in an upset to Democrat Doug Jones, adding to pressure on the party to notch a legislative win. In a final
2 min read
Experts believe the final version of the federal tax bill that reconciles the House and Senate versions will likely pass by year's end. Details are uncertain, but it is likely that tax-exempt lending will take a hit.
2 min read
Our facilities colleagues have a lot to teach us. Bring them to the decision-making table sooner rather than later.
3 min read
The final version of the GOP tax bill will likely contain at least some new legislation that could harm the financial health of independent schools. The Senate bill, passed early Saturday morning, will next be reconciled
4 min read
Are teachers actually using the ed tech tools your school supports?
3 min read
-
Accounting
-
|
Risk Management
Third-party businesses support schools as payment hubs for vendors.
3 min read
On August 31, a federal judge in Texas struck down the Obama-era federal overtime rules that would have raised the minimum salary level for exempt employees under the Fair Labor Standards Act from $23,660 to $47,476. Man
3 min read
Article by Jennifer Osland Hillen
4 min read
Independent schools are taking a wary look at provisions of both the GOP House and Senate tax reform bills that have been proposed over the last week.
3 min read
Clear demonstrations of mutual respect are the starting point to bringing faculty to the side of finding long-term financial solutions.
4 min read
A call to action in support of data-driven decision-making.
4 min read
Tuition deductions, housing allowances among tax-free benefits on chopping block.
5 min read
The benefits of internal leadership succession are too great for schools to ignore.
4 min read
Drawing on extensive data analysis and in-depth, campus-wide discussions, leaders at Greenhill School are on a five-year path toward reducing costs, increasing revenue and sustaining a financially diverse student body.
11 min read
From the archives: The IRS took a closer look at independent schools’ Form 990s, employee fringe benefits and more in the 2015–2016 school year.
5 min read
