Insights

To help you cut through the complexity, our Private Client Services team highlights the key provisions.

While creative approaches are important, success often hinges on understanding the fine print tied to each funding source.

Organizational reviews help assess alignment between strategy, structure and technology in today’s changing environment.

It’s provisions on the taxability of tips and overtime wages will have the greatest impact on private clubs and their employees.

With new legislation and interest rates trending above historical lows, it’s essential to reassess estate planning structures originally designed for a low-rate climate.

OBBBA has a wide range of tax provisions – some simply extending current law that was set to expire, others enacting significant changes compared to the prior tax code. A comparison between the law prior to OBBBA enactment vs. new law is shown below for key provisions.

Backdoor Roth IRAs and retirement planning strategies for Expats to reduce U.S. tax exposure

Your club should implement clear policies for accepting such gifts — especially appreciated securities.

Below is a summary of key provisions specifically relevant to the NFP sector. As not-for-profits navigate this evolving landscape, it’s important to assess both immediate compliance requirements and potential opportunities to strengthen mission-aligned financial planning.

A Service Organization Control (SOC) report evaluates a provider’s internal controls—but tells only half the story.

Of the roughly five original provisions that would have directly impacted private foundations, only one survived.in the final law. That remaining provision expands the excise tax on excess compensation to apply to all employees within tax-exempt organizations who earn above the $1 million threshold.