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Weintraub Tobin

Part 2: The OBBBA Tax Series–What Nonprofits Need to Know About the Excise Tax

Weintraub Tobin on

This is part 2 of Weintraub’s series covering the major changes from the OBBBA. This follows our initial article where we discussed the no tax on tips and overtime provisions, the SALT deduction, and the PTET Credit. These...more

Whiteford

Client Alert: Nonprofits and New Foreign Influence Registration and Reporting Schemes: A Growing Trend with Broad Applicability

Whiteford on

Florida’s recent amendments to its Charitable Solicitation Act are getting a lot of attention – and for good reason – charitable fundraising just got even harder. But Florida’s efforts to combat foreign influence should...more

Holland & Knight LLP

Impact of the One Big Beautiful Bill Act on Tax-Exempt Organizations

Holland & Knight LLP on

President Donald Trump signed into law the One Big Beautiful Bill Act (OBBB) on July 4, 2025, marking a victory for his administration's ability to advance major policy priorities in his second term domestic agenda, including...more

Wiley Rein LLP

New State Privacy Laws May Apply to Nonprofit Organizations

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In January 2025, five new state privacy laws will take effect in Delaware, Iowa, Nebraska, New Hampshire, and New Jersey. These laws will join laws already in effect in California, Colorado, Connecticut, Montana, Oregon,...more

Bracewell LLP

New Law Repeals Parking Tax for Tax-Exempt Organizations

Bracewell LLP on

Good news for tax-exempt organizations! The “Further Consolidated Appropriations Act, 2020” (H.R. 1865 — 116th Congress (2019-2020)) (the “Act”) signed into law on December 20, 2019, retroactively repealed Section 512(a)(7)...more

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