Provisions of the One Big Beautiful Bill Act Impacting Tax-Exempt Organizations by Adam Cohen, CPA
Posted on September 09, 2025 by Adam Cohen
The July 4, 2025, enactment of the One Big Beautiful Bill Act (OBBBA) amends the tax code and its impact on not-for-profit entities. These include changes to charitable deductions and an extension of excise taxes on highly compensated employees and net investment income for private colleges and universities. Charitable Deductions The OBBBA retains charitable deductions […]