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New Law Impacts Nonprofits and Foundations

New legislation signed into law last month as part of a spending bill repeals the nonprofit parking tax, simplifies the private foundation excise tax on investment income, and provides special treatment for disaster relief donations to public charities. Read the … Continue reading

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Highlights of the Further Consolidated Appropriations Act Tax Law Changes

The federal government spending package titled the Further Consolidated Appropriations Act 2020 does more than just fund the government. It extends certain income tax provisions that had already expired or that were due to expire at the end of 2019. … Continue reading

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