Introduction The One Big Beautiful Bill Act (Act) establishes a new federal tax credit for individual donations to Scholarship Granting Organizations (SGOs) serving U.S. elementary and secondary school students....more
7/18/2025
/ 501(c)(3) ,
Compliance ,
Donations ,
Educational Institutions ,
Internal Revenue Code (IRC) ,
One Big Beautiful Bill Act ,
Scholarships ,
State Taxes ,
Tax Credits ,
Tax Legislation ,
Tax Returns
On January 21, 2025, President Trump issued Executive Order 14173: Ending Illegal Discrimination and Restoring Merit-Based Opportunities (“EO 14173”). EO 14173 aims to eliminate Diversity, Equity, and Inclusion (“DEI”) and...more