On May 12, the Republican majority leadership in the House of Representatives released for consideration its tax and spending reconciliation legislation, called the “One Big, Beautiful Bill” (the “Bill”). This major piece of...more
5/19/2025
/ Corporate Taxes ,
Employee Benefits ,
Estate Tax ,
Foreign Derived Intangible Income (FDII) ,
GILTI tax ,
HSA ,
Income Taxes ,
International Tax Issues ,
Nonprofits ,
Proposed Legislation ,
SALT ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Reform ,
Wealth Management
Drinking From the D.C. Firehose: 10 FAQs for Charitable Organizations and Their Donors....more
5/7/2025
/ 501(c)(3) ,
Charitable Donations ,
Charitable Organizations ,
Donors ,
Executive Orders ,
Fundraisers ,
Grants ,
Nonprofits ,
Philanthropy ,
Presidential Proclamations ,
Reporting Requirements ,
Revocation ,
Tax Exempt Entities ,
Trump Administration
Welcome to the inaugural edition of The Real Impact. In this edition, we discuss three strategic alternatives to consider for nonprofit integration and insights on the proposed regulations on donor advised funds. Guest author...more
As 2022 came to a close along with Governor-Elect Healey’s term as Attorney General of Massachusetts, the Office of the Attorney General published an updated Guide for Board Members of Charitable Organizations (the “Guide”)....more
Massachusetts nonprofit organizations should take note of three actions taken by Massachusetts governmental bodies in April 2020 to assist them in operating during the current COVID-19 pandemic and beyond. These actions...more
On December 22, 2017, President Trump signed into law legislation, known as the Tax Cuts and Jobs Act (“TCJA”), which is the most extensive overhaul of the United States Internal Revenue Code (the “Code”) in 30 years. In...more
4/2/2018
/ Alternative Minimum Tax ,
Charitable Donations ,
Colleges ,
Corporate Taxes ,
Excise Tax ,
Executive Compensation ,
Exempt Organizations ,
Nonprofits ,
Tax Cuts and Jobs Act ,
Trump Administration ,
UBTI ,
Universities
Collaborations between charitable organizations and for-profit businesses to simultaneously promote a cause and raise funds for the charity have been demonstrably successful and are occurring with increasing frequency. When...more