Read updates from the hill including a bill passed to redesign the IRS, the Status of Government Grant and Contracting Reforms, and more
Read the latest news from the hill including info on a new donor advised funds bill being introduced in California.
In this week's edition of Snapshot read about leadership for the 116th Congress, UBIT comments to Treasury and more.
In This Week's Edition of Snapshot: Bill Targeting University Endowments and Contributions Introduced; Charitable Giving Discussed at Senate Hearing; Attacks Against Johnson Amendment Continue; Ways and Means Announces Subcommittee Updates; IRS Provides Guidance for Grantmakers and Donors; Treasury and IRS to Propose New Regulations on SALT Workarounds; Senate Continues Review of President Trump’s IRS Nominee; Election Roundup; and, In the States: Mandatory Volunteerism State Expansion Update
In This Week's Edition of Snapshot: Bill to Increase Charitable Giving Introduced in House; IRS Funding to be Considered by Senate Committee; Ways and Means Holds Hearing on Tax Reform's Impact (So Far); Council Urges Treasury to Delay New UBIT Provisions; In the States: States Respond to Federal Tax Reform Revenue Windfalls, States Work to Limit the UBIT Damage, States Act to Secure Complete Census Count
In This Week's Edition of Snapshot: House Committee Sets Series of Tax Reform Hearings; White House Sends Rescissions Proposal to Congress; IRS Debuts New EO Search Tool; Form 990s for Calendar-Year Organizations Due Soon; and, In the States: Vermont Considers Repeal of Charitable Deduction; Municipal Tax Assessor Targets Nonprofit Property Exemption
In This Week's Edition of Snapshot: JCT Releases New Estimates in Advance of Senate Finance Hearing; Council Call Highlights Public-Philanthropic Partnerships; Council Raises Concerns About FARA; and, In the States: Kentucky Preserves Charitable Incentive in Tax Reform, Maryland Passes Law Mirroring the Federal Uniform Guidance Requirement to Pay Indirect Costs
In This Week's Edition of Snapshot: Council Hosts Inaugural Public Policy Summit in Philadelphia; Disagreement Over Rescissions Bill Persists in Congress; Package of Bills to Reform IRS Advances Out of Committee; Treasury Announces First Wave of “Opportunity Zones;" Agreement Reached Between Treasury, OMB on Implementation of Tax Law Regulations; and, In the States: Interest Grows for Medicaid Work and Volunteering Eligibility Mandates, Making Sure Donations Don’t Determine Domicile
In This Week's Edition of Snapshot: President, Congressional Leaders Eye Spending Reductions; Trump to Nominate Muzinich for Deputy Treasury Secretary; Updates to IRS Publication 526 Regarding Giving for Natural Disasters; and, In the States: SALT Workaround Enacted in New York, Oklahoma Preserves Charitable Giving Incentive
In This Week's Edition of Snapshot: Omnibus Signed into Law, Averting Another Shutdown; House Continues Push for IRS Reform; Guidance Forthcoming on New UBIT Laws; and, In the States: Interest Grows for Medicaid Work and Volunteering Eligibility Mandates, Making Sure Donations Don’t Determine Domicile