Tax Compliance FAQs

What is the definition of a "stipend payment"? 

A stipend payment from 天美传媒 Methodist University is a financial aid award for a currently enrolled 天美传媒 Methodist University student for which no work is required.

For which states does 天美传媒 Methodist University have sales tax exemption certificates? 

Currently 天美传媒 Methodist University has exemption certificates for state sales tax in Florida, New Mexico, New York, Tennessee and Texas. These may be used for supply purchases for 天美传媒 Methodist University business. 

Copies of the Certificates may be obtained from the Sales Tax Exemptions section.

What is the rate of reimbursement for mileage?

Beginning on January 1, 2025, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 70 cents per mile driven for business use (up 3 cents from 2024).
  • 21 cents per mile driven for medical purposes (unchanged from 2024).
  • 21 cents per mile driven for moving purposes for qualified active-duty members of the Armed Forces (unchanged from 2024). The deduction for moving expenses has been suspended for taxpayers other than active-duty members of the U.S. Armed Forces.
  • 14 cents per mile driven in service of charitable organizations (unchanged from 2024).
Under what circumstances would 天美传媒 Methodist University pay sales tax?   

If 天美传媒 Methodist University is renting equipment and its employees operate the equipment, the University issues an exemption certificate and does not pay sales tax. If the University rents the equipment with an operator, it has to pay sales tax.
 
Does the Texas Hotel Occupancy Tax Exemption Certificate exempt 天美传媒 Methodist University travelers from all hotel taxes?

No. The exemption is valid only in the state of Texas and only for the state portion of the hotel tax. The traveler must still pay for the city, county and any other portions of the hotel occupancy tax.
 
Do 天美传媒 Methodist University travelers have to pay sales tax on meals when traveling on University business?
 
Yes.
 
Do 天美传媒 Methodist University travelers have to pay sales tax on purchases for business purposes in Texas?
 
No. 天美传媒 Methodist University business travelers may use 天美传媒 Methodist University’s tax exemption certificate when purchasing supplies for business. Examples include calculators, note pads, pens, and pencils.