On May 22, 2025, the House of Representatives passed legislation titled “The One Big Beautiful Bill Act” (the “House Bill”) (available here), which includes several tax reform provisions. The House Bill is now being...more
Like any for-profit company, nonprofit organizations want to attract and retain high caliber executives to achieve and further their missions. To accomplish this, a nonprofit organization may have to offer a particularly...more
4/9/2025
/ 501(c)(3) ,
Compensation & Benefits ,
Employee Benefits ,
Excise Tax ,
Executive Compensation ,
Internal Revenue Code (IRC) ,
IRS ,
Nonprofits ,
Reasonableness Factors ,
Sanctions ,
Tax Exemptions ,
Tax Liability
Both companies and their C-suite executives should be mindful of the interactions between COBRA and Medicare and their implications when negotiating a severance or retirement arrangement. This is because Medicare enrollment...more