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Nonprofit Parking Tax Is Repealed as Part of Government Spending Bill

I was wrong. I was on record opining that the nonprofit parking tax would never be repealed. But, it is a December miracle, because late on Friday, December 20, 2019, President Trump signed a $1.4 trillion spending package...more

Private Foundation Tax Simplified and Lowered

On Friday, December 20, 2019, President Trump signed a $1.4 trillion spending package that included simplification of the taxes paid by private foundations. Unlike public charities, private foundations are subject to an...more

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