A study of the financial aid applications of 2,979 parents of college students and of 136 independent students filing both actual and estimated income data on the applications found that contrary to Department of Education assumptions, procedures for income verification established by individual colleges produce effective and efficient results.…

A court decision that income from a National Collegiate Athletic Association (NCAA) souvenir program was not a "regularly carried on activity" and, therefore, was taxable as business income is discussed. Application of the same principles and standards to university income from advertising activities is considered, and recommendations…

A federal tax official specializing in tax-exempt organizations discusses the relatively new use of coordinated examination audits. Significant issues being raised as the use of such audits expands are examined, including employment tax, contractors, withholding on students, unrelated business income, bond financing, the audit process, corporate…

Intended to provide secondary students with information on the federal budget, this kit provides a teacher's guide, a test, a crossword puzzle, and a series of reproducible graphs and handouts focusing on budget deficits and the national debt. Study materials and graphics are based almost entirely on articles and graphics found in "U.S. News…

Presents a state-by-state report of vital school statistics in the following categories: per-pupil expenditures; average teacher salaries; federal, state, and local funding percentages; per capita income; poverty percentages; pupil-teacher ratios; enrollment; minority characteristics; and Scholastic Aptitude Test scores. Contains six charts that…