President Trump’s proposed One Big Beautiful Bill, which the House of Representatives passed last week, contains several provisions applicable to nonprofit organizations and their donors. While the Senate could still revise...more
5/28/2025
/ Business Income ,
Charitable Organizations ,
Colleges ,
Corporate Taxes ,
Educational Institutions ,
Endowment Funds ,
Excise Tax ,
Investment Tax Credits ,
Nonprofits ,
Private Foundations ,
Proposed Legislation ,
Tax Rates ,
Tax Reform ,
U.S. Treasury ,
Universities
The Corporate Transparency Act (CTA), a new federal financial reporting law that will take effect on Jan. 1, 2024, is a hot topic in the corporate world these days. However, nonprofits also need to be aware of the law, which...more
On April 9, 2020, the Treasury Department and the Federal Reserve Board of Governors announced initial details of the Main Street New Loan Facility and Main Street Expanded Loan Facility programs. These programs will provide...more