Populist tax policy has long been in vogue on the campaign trail, but these proposals are increasingly shaping the legislative agenda in Washington. Recent bills from influential Democrats reflect a broader shift in which both parties are embracing tax ideas aimed at cutting taxes for their base, targeting concentrated wealth or private revenue, and appealingContinue reading “Populist Tax Tides Continue to Rise Ahead of the Midterms”
Category Archives: Insights
The Bipartisan Conversations Most Likely to Define Taxwriters in 2026
It’s seemingly impossible to cut through the noise on Capitol Hill – let alone within the taxwriting committees – to see what Congress may realistically tackle in 2026. After a year dominated by tax reform, prolonged appropriations negotiations, and the looming midterm elections, the legislative outlook remains crowded and uncertain. Still, several areas of bipartisanshipContinue reading “The Bipartisan Conversations Most Likely to Define Taxwriters in 2026”
The Earmark Window Is Opening – Why Nonprofits Should Step in Now
Don’t blink. The 2026 earmark process is already underway. And there’s still time for nonprofits and their communities to benefit from congressionally-directed funding. Nonprofit organizations across the country are leveraging the earmark process not just to advance community projects, but to build sustained, constructive engagement with Members of Congress and their staff. The government fundingContinue reading “The Earmark Window Is Opening – Why Nonprofits Should Step in Now”
Federal Funding Disruptions Continue – But Advocacy Could Be a Faster Fix in 2026
For many nonprofits, the first year of the Trump Administration marked a dramatic increase in both the scale and unpredictability of federal funding freezes and cancellations. These interruptions have carried over to 2026. Last year, litigation was one of the primary tools for fighting these disruptions. These legal challenges often succeeded in limiting the scopeContinue reading “Federal Funding Disruptions Continue – But Advocacy Could Be a Faster Fix in 2026”
Key Administration Victory Emphasizes Value of Private Philanthropy
By Sara Barba and Ali Bedford One of the key achievements the Trump Administration has been touting from the One Big Beautiful Bill Act, passed last year, is the creation of Trump Accounts. The attention these savings accounts are getting, both from the administration and the public, has created a unique opportunity for private philanthropyContinue reading “Key Administration Victory Emphasizes Value of Private Philanthropy”
Generosity Fuels American Society, Tax Policy Should Encourage and Protect It
Every year, Giving Tuesday offers a moment of pause – not to consume, but to contribute. It is a day that invites Americans to think intentionally about generosity, community, and what it means to support our neighbors beyond what government alone can provide. Americans’ instinct to give back remains one of our country’s greatest strengths.Continue reading “Generosity Fuels American Society, Tax Policy Should Encourage and Protect It”
Treasury Shakeups Complicate Rollout of New GOP Tax Law
Since the One Big Beautiful Bill Act (OBBBA) was signed into law on July 4, the IRS and Treasury have faced the undertaking of implementing its new tax provisions. This effort comes amid a period of leadership transitions: several senior officials are serving in multiple key roles, and new positions have been created to supportContinue reading “Treasury Shakeups Complicate Rollout of New GOP Tax Law”
The NonProfit Times: Opportunities And Obstacles Ahead For Nonprofits With Congress
With the “One Big Beautiful Bill Act” (OBBBA) now in the rearview mirror, Congress has turned its attention to a fresh set of legislative priorities, and that shift will present novel opportunities and risks for the nonprofit sector on the government reopens. If the sector continues to apply the lessons learned during OBBBA’s crafting, itContinue reading “The NonProfit Times: Opportunities And Obstacles Ahead For Nonprofits With Congress”
Trusts & Estates: One Big, Beautiful Bill: Tax Policy Changes and the Future Policy Outlook
Sara Barba and Grant Berkshire provide an overview of the new reconciliation bill. If you’ve been reading the headlines this Summer, the reconciliation bill known as the One Big Beautiful Bill Act (OBBBA) has been dominating the conversation in Washington. Republican lawmakers are hailing the OBBBA as a historic tax cut, though the bill mostly permanently extendedContinue reading “Trusts & Estates: One Big, Beautiful Bill: Tax Policy Changes and the Future Policy Outlook”
Wealth Management: GOP Budget Bill Signals Wealth Taxes Increasingly on the Table
As Republicans debate a path forward for their sweeping budget bill, it’s become increasingly clear that the Grand Old Party is growing comfortable with targeted tax hikes. Over the past few months, President Donald Trump has repeatedly floated creating a new tax bracket for the highest earners and raising taxes on carried interest. And ifContinue reading “Wealth Management: GOP Budget Bill Signals Wealth Taxes Increasingly on the Table”
