All Whitley Penn Posts
IRS Revises Procedures for Obtaining Employer Identification Numbers
As part of its ongoing security review, the Internal Revenue Service announced last week that it is implementing new procedures that will allow only certain individual taxpayers qualifying as the "responsible party" to request Employer Identification Numbers (EIN) for a legal entity.
Internal Control Tip: Reimbursement Requests for Federal Funds
Timely reimbursement requests for federal grants are very important to school districts, especially for cash flow purposes. And, even though drawing down funds is only a click away, it’s critical that school districts have written policies and procedures over the draw down process.