Congress has officially passed the One Big Beautiful Bill Act, a sprawling piece of tax legislation with major implications for nonprofit organizations and their supporters. While some of the most controversial proposals were...more
7/9/2025
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Charitable Donations ,
Endowment Funds ,
Excise Tax ,
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Net Investment Income ,
New Legislation ,
Nonprofits ,
Tax Credits ,
Tax Deductions ,
Tax Reform ,
Taxable Income ,
Taxation
Now that Pennsylvania recognizes directed trusts, corporate fiduciaries should be aware that sharing trust responsibilities could create both legal liability and administrative burdens. The law, which went into effect late...more