Insights Center: 2025 Tax & Legislative Changes
Individuals, businesses and not-for-profit organizations are all affected by the new tax law – and we are ready to help. Start by staying informed; you’ll find our analyses of the new law’s many provisions here.
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.
The Bill is now headed back to the House, where the stated goal is still for it to be passed by July 4.
Its impact on a nonprofit organization’s operations, compliance and fundraising could be potentially significant.
AI is playing an increasingly prominent role in health care, offering new tools to improve care delivery and streamline operations.
Learn more about why cybersecurity and risk management have become essential priorities for private businesses.
The business deductions landscape remains as nuanced as ever. Staying compliant and maximizing deductions starts with knowing the rules.
Partners in professional firms can deduct unreimbursed business expenses and reduce tax liability if IRS conditions and documentation are met.
U.S. business owners have historically been challenged keeping up with tax laws governing the treatment of travel and meal expenses.