One provision of the Tax Reform Act of 1986 states that when a tenant pays rent that is less than 5 percent of the appraised value of a property, the difference is considered taxable income for the employee. This provision is forcing colleges to reassess their employee housing policies. (MLW)

The tax exempt bond market continues to be unsettled, but many issues have been resolved by the Tax Reform Act of 1986. These range from very narrow technical adjustments to sweeping new limits applicable to all issuers, with some restrictions aimed directly at colleges and universities. (Author/MSE)

Tax reform increases the need for integrated financial planning of non-traditional income-generating activities and of capital sources and uses. (Author)

Major implications for fund raising in higher education due to the Tax Reform Act of 1986 are discussed. A list of fund- raising resolutions includes: going back to basics and working harder; consequences of last year's donation rush; and answering questions on the new alternative minimum tax. (MLW)

Tax-exempt leasing is examined and compared to other financing mechanisms, and its applicability and the variety of structuring options available to public colleges and universities as lessees are explored. (MSE)

Intellectual property, the knowledge created within the institution in the course of research carried out by its faculty, students, and staff, is an asset unique to colleges and universities and represents a significant opportunity for enhancing the present and future economic position of an institution. (MSE)

Many small, private colleges are examining aggressive ways of economically developing their land and other physical assets by strategies ranging from direct ownership of tangible property to joint and participating ownership arrangements consisting of leases, financing, and partnerships. In all cases, however, potential tax consequences should be…

The Tax Reform Act of 1986 and subsequent legislation have radically altered the rules needed to maintain favorable tax status of tax-sheltered annuity plans for college employees. Application of the new rules is complex. Critical questions facing institutions and organizations are answered, and potential liabilities facing educational employers…

Tuition prepayment plans, or tuition futures, are mechanisms that allow families to save now in anticipation of rising college costs. The newly enacted Tax Reform Act of 1986, which eliminates some ways to save for college, accentuates the need for such programs to contain costs and make college more affordable. (MSE)

The rapid deterioration of plant and equipment in higher education institutions necessitates quick action by colleges to assess capital needs. Specific plans of action at campus and national levels are required to resolve the lack of information and policies for meeting these needs. (MSE) ***

As a result of the new tax law, many tax benefits have been reduced or eliminated, creating a number of financial challenges to colleges and universities. Most major sources of revenue are impaired, while some expenditures are likely to increase. Fund-raising methods, operating costs, and tuition payments will change. (MSE)