On July 4, 2025, President Donald Trump signed H.R. 1 into law, the budget reconciliation bill known as the One Big Beautiful Bill Act (the BBB). This legislation includes significant amendments to the excise tax imposed on...more
7/23/2025
/ Colleges ,
Educational Institutions ,
Excise Tax ,
Federal Budget ,
Internal Revenue Code (IRC) ,
IRS ,
Net Investment Income ,
New Legislation ,
One Big Beautiful Bill Act ,
Tax Liability ,
Tax Rates ,
Tax Reform ,
Trump Administration ,
Universities