President Donald Trump signed into law the One Big Beautiful Bill Act (OBBB) on July 4, 2025, marking a victory for his administration's ability to advance major policy priorities in his second term domestic agenda, including...more
8/14/2025
/ Charitable Organizations ,
Colleges ,
Donors ,
Educational Institutions ,
Excise Tax ,
Internal Revenue Code (IRC) ,
New Legislation ,
Nonprofits ,
One Big Beautiful Bill Act ,
Private Schools ,
Tax Credits ,
Tax Deductions ,
Tax Exempt Entities ,
Tax Reform ,
Universities
Discussions of the tax-exempt status of universities, nonprofit advocacy groups and other Section 501(c)(3) organizations frequently have been in the news lately. The IRS revocation of a Section 501(c)(3) organization's...more