The One Big Beautiful Bill Act introduces substantial changes to federal tax law, including select provisions affecting tax-exempt organizations and charitable contribution deductions for individual and corporate taxpayers....more
7/22/2025
/ Charitable Deductions ,
Charitable Organizations ,
Colleges ,
Excise Tax ,
Executive Compensation ,
Nonprofits ,
One Big Beautiful Bill Act ,
Tax Exemptions ,
Tax Legislation ,
Tax Reform ,
Universities
On May 12, the House Democrats introduced an aspirational tax package within the Health and Economic Recovery Omnibus Emergency Solutions Act (the “HEROES Act”), which lays out their starting point in negotiations with the...more