On July 4, 2025, H.R. 1, also known as the One Big Beautiful Bill (the “OBBB”) was signed into law. Compared to recent legislation, the OBBB does not contain a significant number of employee benefits provisions. However,...more
7/24/2025
/ Affordable Care Act ,
CARES Act ,
Dependent Care ,
Employee Benefits ,
Executive Compensation ,
Fringe Benefits ,
HDHP ,
Health Savings Accounts ,
HSA ,
One Big Beautiful Bill Act ,
Over-Time ,
Reimbursements ,
Student Loans ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tipped Employees
You've spent years developing the idea, all-nighters and weekends building the business. You've courted investors and customers. You could never leave your company. Or could you?...more
1/31/2025
/ Board of Directors ,
Business Entities ,
Contract Terms ,
Corporate Governance ,
Employment Contract ,
Entrepreneurs ,
Equity ,
Executive Compensation ,
Investors ,
Shareholders ,
Transitional Arrangements
The tax reform bill (H.R. 1) approved by the House and Senate this week, and expected to be signed by the President, eliminates the deduction available to employers for the provision of qualified transportation fringe (“QTF”)...more
12/22/2017
/ 501(c)(3) ,
Commuter Tax Benefits ,
Compensation & Benefits ,
Corporate Taxes ,
Employee Benefits ,
Executive Compensation ,
Fringe Benefits ,
Income Taxes ,
New Legislation ,
Tax Deductions ,
Tax Exempt Entities ,
Tax Rates ,
Tax Reform ,
Trump Administration ,
UBIT
On November 2, 2017, House Ways and Means Committee Chairman Kevin Brady (R-TX) introduced H.R. 1, the “Tax Cuts and Jobs Act” (the “Bill”). At over four hundred pages, the Bill promises substantial changes to the Internal...more
11/8/2017
/ Adjusted Gross Income ,
Charitable Deductions ,
Charitable Donations ,
Charitable Organizations ,
Churches ,
Compensation & Benefits ,
Donor-Advised Funds (DAFs) ,
Employee Housing ,
Executive Compensation ,
Internal Revenue Code (IRC) ,
IRS ,
Museums ,
Philanthropy ,
Political Campaigns ,
Political Contributions ,
Private Foundations ,
Proposed Legislation ,
Religious Institutions ,
Tax Code ,
Tax Exempt Entities ,
Tax Rates ,
Tax Reform ,
Tax-Exempt Bonds ,
Trump Administration ,
Tuition