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Eighth Circuit Affirms Mayo Clinic’s “Educational Organization” Status and UBTI Refund

On July 25, 2025, the U.S. Court of Appeals for the Eighth Circuit affirmed the District Court decision holding that the Mayo Clinic is entitled to an $11.5 million refund of certain unrelated business income taxes imposed on...more

The One Big Beautiful Bill: Relevant Provisions for Nonprofits

On May 12, 2025, the House Ways and Committee released an updated text of draft tax legislation (the “House Draft Bill”)...more

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