As you know, President Trump and Congressional Republicans recently passed the One Big, Beautiful Bill Act, extending provisions of the 2017 Tax Cuts and Jobs Act and enacting a number of other priorities.
Early versions of that bill included provisions that would have imposed harmful tax changes on nonprofits. Thanks to strong advocacy, those provisions were removed. Even better, the final law expands the use of 529 Plan savings to cover professional credentialing and certifications, programs offered by many associations. That’s a clear win for the nonprofit community.