2022 Christian College Tax Update

12 Things Bible Colleges and Seminaries Should Know in 2022

   I. 2021 Tax Year in Review

   II. Employee Retention Credit

  III. Paycheck Protection Program 2 (forgiveness)

  IV. HEERF Reporting

   V. HEERF: REligious instruction...

  Vi. Congress mandates electronic filing

 VII. foRm 1098-T and student grants

VIII. Changes to form 990-T

  Ix. form 1099-NEC (adjunct professors?)

   x. summary of 2022 key tax facts

   xI. IRS FAQ reliance

  xiI. 2022... and beyond outlook