Share on Twitter Share by Email Share Back to top The One Big Beautiful Bill Act (OBBBA) modifies the excise tax on net investment income of private colleges and universities under Internal Revenue Code (IRC) Section 4968....more
7/17/2025
/ Charitable Donations ,
Employee Benefits ,
Endowment Funds ,
Excise Tax ,
Executive Compensation ,
IRS ,
One Big Beautiful Bill Act ,
Proposed Legislation ,
Tax Deductions ,
Tax Exempt Entities ,
Tax Legislation ,
Tax Returns ,
Tuition
On July 4, 2025, President Trump signed H.R. 1—referred to as the One Big Beautiful Bill Act (OBBBA). The OBBBA extends and makes permanent certain provisions in the 2017 Tax Cuts and Jobs Act (TCJA) that were set to expire...more
7/11/2025
/ Business Entities ,
Business Taxes ,
Corporate Taxes ,
Estate Planning ,
New Legislation ,
One Big Beautiful Bill Act ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Reform ,
Trump Administration
Donors make contributions to donor-advised funds (“DAFs”) for a variety of reasons. One is that DAF rules permit the donor to make the contribution in the current year (which entitles the donor to a deduction in that year),...more
For charitably inclined individuals, there is a significant amount of uncertainty brought on by possible policy shifts that may occur if former Vice President Joe Biden is elected and Democrats take a majority in the Senate....more