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Early drafts of the One Big Beautiful Bill Act (OBBBA) had many potential provisions that would dramatically impact the nonprofit sector. Most of those were removed from the final bill that was passed, but there are still a number of items nonprofits should be aware of.
Charitable tax deduction limit changes which may impact your fundraising strategy.
Overtime and tip tax changes, which may allow for workforce strategies that benefit your employees
1099 contractor threshold reporting
Green energy tax credit phase-outs (but they aren't all gone today!)
Medicaid cuts and impacts this may have for a number of organizations
Join CLA for a 30-minute webinar to discuss the highlights that all nonprofits need to know.