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
As private foundations and other charitable organizations look forward to the end of the coronavirus pandemic and the return of in-person events, it may be a good idea to review the self-dealing rules involving event tickets...more
For high-profile athletes commanding mega salaries and worldwide fame, giving back generously to their communities or to a cherished cause is a go-to play. Charitable giving carries limited risk while offering significant...more
New proposed IRS regulations clarify that the tax will not apply in most cases when company officers/employees serve as directors and officers of the company foundation for no compensation from the foundation
In a prior blog...more
he Tax Cuts and Jobs Act was signed into law on December 22, 2017. This tax reform law includes the following changes directly affecting nonprofit and tax-exempt organizations, and those who donate to them.
A number of...more