Financial Management |
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 effort to influence the bipartisan conference committee that was created to merge the House and Senate tax bills, NBOA and NAIS today sent a joint letter (link below) to Congress outlining five issues of importance to the K-12 independent education community.
Interest on Tax-Exempt Debt and Loans Could IncreaseTax Overhaul's Impact on Independent Schools Still Uncertain
Tax Bills Extend 529-Type Plans to K-12
Schools Encouraged to Speak Out on Tax ProposalsGOP House and Senate Tax Plans Worry Independent Schools
GOP Tax Reform Jeopardizes Tax-Exempt Financing for Independent School
Connect discussion on tuition remission
Connect discussion on learning differences schools
The letter, from NBOA President and CEO Jeff Shields and NAIS President Donna Orem, urged the conference committee and Congress to:
Read the full letter (PDF).
NBOA and NAIS urge schools to contact their elected representatives to discuss their concerns, especially if their representative is on the conference committee. For further questions or comments, contact Jennifer Osland Hillen, NBOA's director, tax and accounting programs, at email@example.com.
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