Nonprofits Hope New Year Ends Excise Tax Guidance Drought - McDermott Will & Emery

Nonprofits Hope New Year Ends Excise Tax Guidance Drought

Overview


Ralph DeJong said that tax-exempt organizations need additional guidance on new rules created by the Tax Cuts and Jobs Act. “Tax-exempt organizations have had to make planning decisions in 2018 without the benefit of guidance from the IRS on the new excise tax,” he explained.