Скачать или смотреть Gwinnett Coalition | November 2025 All Call

The One Big Beautiful Bill Act: What Nonprofits Need to Know
Presented by: Megan Randolph, CPA

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (H.R. 1), a sweeping budget reconciliation bill that reshapes federal tax policy. While the legislation aims to extend and expand the 2017 Tax Cuts and Jobs Act, it also introduces several provisions—both direct and indirect—that will significantly affect nonprofit organizations across the country.

Importantly, many controversial measures from earlier drafts—such as expanded taxes on nonprofit income and restrictions on tax-exempt status—were removed before final passage, sparing nonprofits from potentially severe operational and financial burdens.