Tax Services for the Education Sector

Our Higher Education Tax Services Group is nationally recognized for its technical expertise and extensive experience in tax and business matters that affect academic institutions.  Our professionals are quick to assess the tax implications associated with your activities and bring practical solutions to your institution.  Our team is well-versed in areas of taxation specific to colleges and universities, and assists clients with the following tax services:

Compliance Matters for the Education Sector

• Form 990 and 990-T preparation and review
• Analysis of uncertain income tax positions
• Unrelated business income
• Joint ventures and partnership reporting
• Supporting organizations
• Substantiation of charitable contributions
• State and local tax exemption and compliance
• Charitable solicitation registration
• Foreign investment reporting
• Non-resident alien reporting
• Federal tax audits
• FBAR filing analysis
• International tax issues association with study abroad programs
• Compensation and benefits design review

Governance/Policy Tax Matters for the Education Sector

• Conflict-of-interest policy and management
• Fringe benefits and compensation matters
• Board education
• Intermediate sanctions

Auxiliary and Investment Activities for the Education Sector

• Unrelated business income activities
• Alternative investment compliance
• Joint ventures
• Shared service agreements
• For-profit subsidiaries
• Corporate restructuring
• Transaction analysis

State and Local Tax Services for the Education Sector

Schneider Downs has a dedicated State and Local Tax (SALT) practice, which has been assisting clients with complex tax issues for more than 50 years. Our SALT professionals remain steadfast in our commitment to consistently monitor, evaluate and update our higher education clients regarding state and local tax changes and developments. The expertise and dedication of our SALT group allows our clients to optimize their tax situations and assure compliance with evolving laws and regulations. Our comprehensive array of SALT services include:

• Sales and use tax compliance review
• Sales and use tax refund review
• Uncertain income tax position compliance
• Realty exemption challenges
• Legislative assistance

For a list of the services that Schneider Downs can provide to educational institutions in the Pittsburgh and Columbus regions, and across the United States, please visit our education sector services webpage.