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.…
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 support…
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, it…
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 extended…
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