Header graphic for print
Not For Profit/Exempt Organizations Blog

Tag Archives: tax reform

Updates for Tax-Exempt Organizations from the Senate Bill

Posted in IRS

Early on December 2, 2017, the Senate passed the Tax Cuts and Jobs Act (the “Senate Bill”).  This blog entry describes certain provisions of the Senate Bill that would have the most significant impact on the nonprofit community, including important differences between the Senate Bill and the prior version of the Senate bill and the… Continue Reading

New Rules for Tax-Exempt Organizations in the Tax Cuts and Jobs Act

Posted in Charitable Giving, Private Foundations, Religious Organizations

House Republican Tax Bill Imposes Excise Tax on Wealthy Private Universities and Excess Compensation of Highly Paid Employees; Subjects State Pension Plans to UBTI Rules On Thursday, November 2, House Republicans led by Speaker Paul Brady (R-WI) and Chairman of the House Ways & Means Committee Kevin Brady (R-TX), released the first public draft of… Continue Reading

Senate Finance Committee Staff Compiles Past Proposals for Exempt Organization Tax Reform

Posted in Charitable Giving

As part of a series of papers outlining tax reform options for the Senate Finance Committee (SFC), the SFC staff recently published a paper on tax reform options for tax-exempt organizations and charitable giving.  Like the other staff papers on tax reform options, the exempt organizations paper compiles suggestions that have been made by witnesses… Continue Reading