Tax Compliance Intro
The Tax Compliance Office is part of Finance and operates on behalf of William & Mary and the Virginia Institute of Marine Science. Our primary mission is to ensure compliance with various tax laws and regulations promulgated by the United States federal government, the Commonwealth of Virginia, and any local government jurisdictions and develop (and enforce) appropriate policies and procedures to meet compliance requirements and protect W&M and VIMS's tax-exempt status.
Please review the following topics or contact us for more information or assistance.
Service Disclaimer
The tax services offered by the Tax Compliance Office are informational and procedural. William & Mary employees, while in their official tax role at W&M, cannot provide individual income tax advice or consulting to employees, students, or parents and will not advise on any personal income tax requirements or issues.
Use of any information from this site or any related website is for general information only and does not constitute advisement or represent personal tax advice, expressed or implied. Please contact Tax Services for information about university-related tax issues.
Contact Us
Tax Compliance
Location
Williamsburg Professional Centre 1314 S. Mount Vernon Ave Williamsburg, VA 23188
Map & DirectionsHours
- Monday - Friday: 8:00am - 5:00pm
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Cashiering
Responsible for receipting, depositing funds, and disbursing cash, salary, and travel advances issued.
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Financial Reporting
Responsible for creating new accounts, approving all adjustments, beginning balance transactions, and debt management for bond-funded capital outlay projects.
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Financial Systems
Ensures all accounting records are appropriately documented and accurately recorded within the university's Finance System.
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Fixed Asset Management
Manages financial reporting of fixed assets, including equipment, land, buildings, infrastructure, construction-in-progress, leased financed equipment and surplus property.
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Internal Controls
Responsible for compliance with the Commonwealth of Virginia's ARMICS directives.
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Payment Card Processing
Responsible for guidelines that departments must follow to accept credit and debit cards as services and/or merchandise payments.
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Payroll
Responsible for processing salary and wage payments for all, ensuring that payroll taxes are reported and deposited consistent with state and federal policies and procedures.
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Receivables & Collections
Responsible for collecting assets belonging to William & Mary, including all receivables owed to the university for which goods and services have been provided.
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Student Accounts
Responsible for the assessment, billings, and collection of tuition, fees, meal plans, housing, and other charges. The department is also responsible for processing student refunds or other account overpayments.
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Tax Compliance
Ensure compliance with various tax laws and regulations and develop (and enforce) appropriate policies and procedures to meet compliance requirements and protect the tax-exempt status.
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Travel
Provide reimbursement payments, guidance and information regarding travel and business meals.
