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Tax-Exemption Implications of “Illegal DEI”

Recent Executive Orders issued by President Trump repeatedly refer to “illegal” diversity, equity and inclusion (DEI) preferences and activities. ...more

Executive Order on the Public Service Loan Forgiveness Program Has Implications for All Nonprofits

Nonprofits concerned about a politically motivated audit or other enforcement action under the current presidential administration should pay close attention to President Trump’s Executive Order regarding the Public Service...more

Borrowing from the Future? Tapping Restricted and Endowment Funds in a Down Economy

As the effects of COVID-19 on the economy and our societal needs present challenges to nearly every nonprofit organization, some organizations are considering how their endowment and other restricted funds may be deployed to...more

Congress Repeals “Nonprofit Parking Tax” and Simplifies Private Foundation Excise Tax

Effective December 20, 2019, the "Taxpayer Certainty and Disaster Tax Relief Act of 2019" makes two legislative changes of special interest to tax-exempt organizations. Retroactive Repeal of Nonprofit "Parking Tax" -...more

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