New Trump Account Regulations: Treasury and IRS Address Automatic Enrollment,...
The US Department of the Treasury and the Internal Revenue Service published temporary regulations under section 530A addressing two principal areas: (1) general requirements for Trump Accounts and the...
View ArticleNonprofits in Election Season: What Can Your 501(c)(3), 501(c)(4), and...
A 501(c)(3) charity can never support or oppose a candidate. It can still register voters, host candidate forums, and speak out on issues. A 501(c)(4) or 501(c)(6) can take sides in elections, as long...
View ArticleTreasury and IRS Release Guidance on New Federal Scholarship Tax Credit Program
For the past several weeks, there has been a lot of talk about Scholarship Granting Organizations (“SGOs”) and what the new federal tax credit program could mean for Michigan schools. Until now, much...
View ArticleNew USDOL Opinion Letters Address Meal Break Travel Time, Employee...
Last month, the United States Department of Labor’s Wage and Hour Division (“WHD”) issued three new opinion letters on recurring wage and hour questions under the Fair Labor Standards Act (“FLSA”). The...
View ArticleCompliance Notes - Vol. 7, Issue 20
Recent Lobbying, Ethics & Campaign Finance Updates - Campaign Finance & Lobbying Compliance - The Federal Election Commission sent three letters to Senator Eric Schmitt’s campaign between March...
View ArticleDOL’s Latest Opinion Letters Clarify Meal Break, Volunteering + Tip Pooling...
The Department of Labor’s Wage and Hour Division (WHD) issued three new opinion letters on Sept. 7, 2026, addressing various Fair Labor Standards Act (FLSA) issues: meal breaks, including time spent...
View ArticleThe Real Impact (Fall 2026)
In This Issue - Whether charitable dollars move through a grant or an investment, they have to adhere to the rules that define what counts as charitable. This fall, we look at two places where those...
View ArticleProposed Regulations to Tax Race-Conscious Schools
Regulations proposed Sept. 4 would revoke the tax-exempt status of any private elementary, secondary or postsecondary school that “adopts, maintains, or enforces any policy or practice that...
View ArticleIndiana Expands Reinstatement Options for Administratively Dissolved Entities
Indiana businesses, nonprofits, and closely held organizations now have a new avenue to restore entities that previously may have been considered permanently lost. Effective January 1, 2026, Indiana...
View ArticleIRS and Treasury Release 2026–2027 Priority Guidance Plan: What Tax-Exempt...
The Internal Revenue Service (IRS) and US Department of the Treasury released their 2026–2027 Priority Guidance Plan on September 29, outlining the topics they intend to prioritize for formal guidance...
View ArticleTreasury Department Guidance Clarifies the Education Freedom Tax Credit
The U.S. Department of the Treasury and IRS published temporary and proposed regulations implementing the new Section 25F Education Freedom Tax Credit (sometimes referred to as Federal Scholarship Tax...
View ArticleTax Credit for Donations to Scholarship-Granting Organizations
In 2027, taxpayers are eligible to receive a nonrefundable full federal income tax credit for cash contributions to SGOs, limited to $1,700 per individual per taxable year, with a five-year...
View ArticleIHSAA Board Composition Litigation: What Nonprofits Should Know About...
A recently filed lawsuit involving the Indiana High School Athletic Association (IHSAA) has brought renewed attention to nonprofit board composition and reserved board seats. Indiana Attorney General...
View Article[Audio] Fourth Quarter Strategies: Managing the Public Support Test When the...
Welcome to EO Radio Show – Your Nonprofit Legal Resource. I'm Cynthia Rowland, and this is episode 165 of EO Radio Show. Imagine this: it's the closing quarter of your fiscal year, and your development...
View ArticleDevelopments in Nonprofit and Association Law 2025–2026
The following review offers associations and other nonprofit organizations a concise guide to significant cases and regulatory developments from the past year. What follows are practical summaries of...
View ArticleThinking About Borrowing from “Your” Charity? Think Again
Earlier this month, the Fed raised the federal funds rate for the first time in three years. Inflation remains high relative to the Fed’s target rate. Energy costs continue their upward trend. The...
View Article[Video] Starting a Nonprofit: What Every Business Leader Should Know
Launching a nonprofit organization can be a powerful way to advance a mission, address community needs, and create lasting impact. However, forming and operating a nonprofit involves unique legal,...
View ArticleClient Alert: U.S. Tax Court Upholds Excise Tax Liability for Excess Benefit...
On September 24, 2026, the U.S. Tax Court held in Jagannath v. Commissioner, Tax Court Memorandum Opinion 2026-92, that the president of a Section 501(c)(3) organization engaged in an excess benefit...
View ArticleMission Locked: Why Life Sciences Companies Should Consider the Public...
In 2015, Turing Pharmaceuticals (“Turing”) acquired the rights to Daraprim, a life-saving antiparasitic drug. Under Martin Shkreli’s leadership, Turing raised Daraprim’s price overnight from $13.50 to...
View ArticleIRS proposes new nondiscrimination requirement as a condition of federal...
On September 4, 2026, the Treasury Department and the Internal Revenue Service (IRS) published in the Federal Register proposed regulations that would establish an explicit nondiscrimination...
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