There are a host of wide-ranging changes coming to the Internal Revenue Code ("Code") under the Act, including changes that affect tax-exempt organizations. North Carolina tax-exempt organizations should be aware of these...more
7/21/2025
/ Charitable Organizations ,
Colleges ,
Employee Benefits ,
Executive Compensation ,
Internal Revenue Code (IRC) ,
Nonprofits ,
North Carolina ,
One Big Beautiful Bill Act ,
Tax Credits ,
Tax Exemptions ,
Tax Legislation
Since 1916, Congress has exempted from income taxation clubs formed to facilitate social interaction between its members. As a result, country clubs, hunting and fishing clubs, college sororities and fraternities, and...more
The Internal Revenue Service announced on Wednesday, November 6, that several contribution limits in qualified retirement plans will increase next year.
The IRS announced the increases as part of an annual adjustment for...more
11/8/2019
/ 401k ,
403(b) Plans ,
457(b) Plans ,
Compensation & Benefits ,
Contribution Limits ,
Cost-of-Living Adjustment (COLA) ,
Defined Benefit Plans ,
Employee Benefits ,
Employer Contributions ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Retirement Plan ,
Tax Planning