Charitable Giving Under the One Big Beautiful Bill Act: A New Era of Incentives and Complexity, Especially for Non-Cash Donations
By Jessica I. Marschall, CPA, ISA AMJuly 13, 2025 The One Big Beautiful Bill Act (OBBBA), signed into law earlier this year, overhauled major components of the federal tax code with provisions designed to encourage business growth, simplify certain deductions, and, importantly for the nonprofit sector, revitalize charitable giving incentives. While much of the public […]
Read MoreHigher Education Under the Big Beautiful Bill: A New Era for Student Borrowing, Repayment, and Graduate Programs
By Jessica I. Marschall, CPA – July 11, 2025 The One Big Beautiful Bill Act, signed into law this month, represents the most sweeping overhaul of federal student aid policy in decades. While framed by lawmakers as a fiscal realignment and effort to promote accountability, the bill marks a decisive shift in how students (especially […]
Read MoreThe One Big Beautiful Bill Act: Expanded QSBS Benefits and Pro-Business Tax Reforms
By Jessica I. Marschall, CPAJuly 8, 2025 The recently enacted One Big Beautiful Bill Act delivers a comprehensive package of federal tax reforms aimed at accelerating small business formation, investment activity, and long-term capital growth. Among its most impactful provisions are the enhancements to Qualified Small Business Stock (QSBS) under Internal Revenue Code Section 1202, […]
Read MoreUnderstanding Opportunity Zone Tax Incentives and Qualified Opportunity Funds
By Jessica I. Marschall, CPAPresident, MAS LLCJuly 7, 2025 Introduction Since their introduction under the Tax Cuts and Jobs Act of 2017, Opportunity Zones have emerged as a powerful tool to encourage long-term investment in economically distressed communities. These provisions offer significant tax advantages to individuals and entities willing to reinvest capital gains into designated […]
Read MoreDonor-Advised Funds: A Technical and Tax-Focused Deep Dive
By Jessica I. Marschall, CPA — July 3, 2025 What is a Donor-Advised Fund (DAF)? At MAS LLC, we have observed a noticeable increase in the establishment of Donor-Advised Funds (DAFs) among our clients. This trend is echoed across our affiliated organizations, The Green Mission Inc. and Probity Appraisal Group, where charitable planning and non-cash […]
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