The United States Congress has cast its vote in favor of “The One Big, Beautiful Bill” (OBBB), a sweeping tax reform initiative designed to overhaul the U.S. tax code.
This legislation encompasses a myriad of tax provisions, including making several existing measures permanent, the repeal and modification of various others, and the introduction of new tax provisions.
Learn more about this Bill's key takeaways for exempt organizations.
Authors:
Joshua D. Headley
Email: joshua.headley@bipc.com
Edward G. Hild
Email: edward.hild@bipc.com