With the passage of the One Big Beautiful Bill (OBBB), below is a summary of notable changes to the tax code for businesses, as well as an outline of notable changes for individuals....more
A hypothetical state law for-profit company, which may be a bank, credit union, insurance company, healthcare organization, or other entity (“Company”) intends to establish a charitable organization (“Foundation”) to carry...more
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