As is well known, on December 22, 2017, President Trump signed the Tax Cuts and Jobs Act (the “Final Bill”) into law. During the course of this massive legislative effort, various provisions affecting tax-exempt organizations...more
6/1/2018
/ 501(c)(3) ,
Charitable Donations ,
Excise Tax ,
Executive Compensation ,
Income Taxes ,
IRS ,
New Rules ,
Nonprofits ,
Remuneration ,
Tax Cuts and Jobs Act ,
Tax Exempt Entities ,
Tax Incentives ,
Tax Reform
On December 22, 2017, the President signed the Tax Cuts and Jobs Act (the “Final Bill”) into law, bringing an end to the nearly two-month rollercoaster ride that had the public finance industry white-knuckled and a little...more
1/8/2018
/ 501(c)(3) ,
Alternative Minimum Tax ,
Bonds ,
Infrastructure ,
LIHTC ,
Municipal Bonds ,
Public Finance ,
State and Local Government ,
Tax Rates ,
Tax Reform ,
Tax-Exempt Bonds ,
Trump Administration
On December 15, 2017, the conference committee on tax reform (the “Conference Committee”) released its Conference Report (the “Conference Report”) describing the agreements forged to reconcile differences between the...more
On November 9, 2017, the U.S. Senate Finance Committee released the Description of the Chairman’s Mark of the “Tax Cuts and Jobs Act” (the “Senate Finance Committee Mark”), which sets forth a summary of the proposed tax...more
11/13/2017
/ 501(c)(3) ,
Debt Restructuring ,
Infrastructure Financing ,
Municipal Bonds ,
Proposed Legislation ,
Refunds ,
Senate Finance Committee ,
State and Local Government ,
Tax Reform ,
Tax-Exempt Bonds ,
Ways and Means Committee
On November 2, 2017, the Committee on Ways and Means of the U.S. House of Representatives released its highly anticipated proposed tax reform legislation (the “Proposed Legislation”). The Proposed Legislation deals a severe...more