Each year Harvard University (President and Fellows of Harvard College) sends IRS reporting documents as required by regulation to individuals and entities to whom we have made reportable and/or taxable payments in the prior calendar year. These are documents such as Forms W-2, 1099 MISC, 1042-S, 1099 E and 1098 T and new this year, 1095-C.
After requests from several Schools and discussions with the Financial Policy Review Committee, we have extended the effective date of the Responsibilities of Purchasers, Preparers and Approvers (ROPPA) policy to March 1, 2016. The online training module is still in development and is now expected to be ready later this month; a March 1 effective date will allow time for users to take the training before the policy is live.
You may have heard a rumor that HUBS is being upgraded and it’s true. The upgrade will bring a new look and feel to your Planning Application, but the same forms, business rules and reports that you use today will still be there. In other words, there will be no new or changed business processes due to the upgrade. Read more about A HUBS Upgrade is Coming November 9th