Congress Repeals “Nonprofit Parking Tax” and Simplifies Private Foundation Excise Tax

Effective December 20, 2019, the "Taxpayer Certainty and Disaster Tax Relief Act of 2019" makes two legislative changes of special interest to tax-exempt organizations. Retroactive Repeal of Nonprofit "Parking Tax" - The "Tax Cuts and Jobs Act"...
By: Lathrop Gage