On July 3, the House of Representatives approved “The One Big Beautiful Bill Act” as approved two days earlier by the Senate. The final version of the bill contains several provisions relevant to tax-exempt organizations. The...more
7/7/2025
/ Charitable Donations ,
Charitable Organizations ,
Colleges ,
Educational Institutions ,
Endowment Funds ,
Excise Tax ,
Executive Compensation ,
New Legislation ,
Nonprofits ,
Tax Deductions ,
Tax Rates ,
Tax Reform ,
Universities
On July 1, the Senate approved its version of “The One Big Beautiful Bill Act,” containing several provisions relevant to tax-exempt organizations. Importantly, certain proposed amendments contained in draft legislation...more
7/3/2025
/ Charitable Deductions ,
Charitable Organizations ,
Colleges ,
Educational Institutions ,
Endowment Funds ,
Excise Tax ,
Executive Compensation ,
New Legislation ,
Nonprofits ,
Tax Rates ,
Tax Reform ,
Universities