United Philanthropy Forum submitted comments for the record in advance of the Committee on Ways and Means hearing entitled "Ending the TCJA Tax on Houses of Worship, Charities, and Nonprofits."
The Council of Michigan Foundations (CMF) submitted comments to Treasury asking for clarification on the new excise tax on excess compensation paid by tax-exempt organizations.
Reference this table for all the unrelated business income tax (UBIT) legislation currently introduced in the 116th Congress.
Forum President & CEO David Biemesderfer highlights the Tax Cuts and Jobs act impact on the charitable sector and how philanthropy leaders are heading to Capitol Hill next week for Foundations on the Hill to address charitable deductions.
Forum Policy Update is a regular update for United Philanthropy Forum members covering public policy issues impacting the philanthropic sector.
Topics in the latest update include IRS reform legislation, Opportunizy Zones, and the 2020 Census.
Forum Policy Update is a regular update for United Philanthropy Forum members covering public policy issues impacting the philanthropic sector.
Topics in the latest update include the 2020 census and the proposed citizenship question, new nonprofit legislation and a study from the Joint Economic Committee, and member updates on donor-advised fund legislation in California and the new Endow Mississippi tax credit in Mississippi.
Forum Policy Update is a regular update for United Philanthropy Forum members covering public policy issues impacting the philanthropic sector. Topics in the latest update include the unrelated business income tax on fringe benefits, the Johnson Amendment, post-graduation scholarships, and expected reduction in charitable giving based on the Tax Cuts and Jobs Act.
Forum's President and CEO David Biemesderfer encourages those who care about having a strong and vital philanthropy sector in our country to join the Forum and our members and colleagues across the country at Foundations on the Hill, March 11-13 in Washington, DC.