BarbriSFCourseDetails
  • videocam Live Online with Live Q&A
  • calendar_month November 6, 2025 @ 1:00 p.m. ET./10:00 a.m. PT
  • signal_cellular_alt Intermediate
  • card_travel Accounting
  • schedule 110 minutes

Impact of OBBBA and Recent Legislation on NPOs: Funding Cuts, Deductible Contribution Limits, New Scholarship Credit

$197.00

This course is $0 with these passes:

CPE
ALL
  • videocam Live Online with Live Q&A
  • calendar_month November 6, 2025 @ 1:00 p.m. ET./10:00 a.m. PT
  • signal_cellular_alt Intermediate
  • card_travel Accounting
  • schedule 110 minutes
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Description

Nonprofit organizations have been particularly hard hit by recent legislation. OBBBA introduced reductions to charitable contributions, including a .5% floor for charitable donations for itemizers and a 1% floor for corporate contributions. For generous taxpayers, contributions are permanently limited to 60% of AGI (adjusted gross income). On a positive note, it extends and increases the charitable deduction for non-itemizers, allowing a deduction of $1,000 ($2,000 MFJ).

Even more concerning for tax-exempt entities are the recent funding cuts. Many organizations' federal grants have been frozen or eliminated, while the status of others remains unknown. NPOs need to grasp recent legislative changes and prepare for the ramifications of these major modifications.

Listen as our panel of nonprofit professionals discusses the impact of recent legislation on nonprofit organizations and offers advice for tax-exempt entities and their advisers. 

Presented By

Attorneying Annie Dc
Davis Brown Law Firm - Des Moines

Bio for Annie Attorney; loves horses and arguments

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Big Boat
The Mogy Law Firm - Memphis

This is a bio for Big Boat. Big Boat is an avid reader and unicyclist.

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Roller Coaster , CPA, MST
Lee's Test Firm

This is a bio for speaker, Roller Coaster. Roller Coaster enjoys walks on the beach and pizza with pineapple.

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Credit Information

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

Date + Time

  • event

    Thursday, November 6, 2025

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

I. NPOs and recent legislation: introduction

II. Funding cuts

III. Charitable contribution modifications

A. Individuals

B. Corporations

IV. University endowment tax

V. Excise tax on excess compensation

VI. New credit for donations to scholarship organizations

VII. Other considerations

The panel will discuss these and other critical issues:

  • New rules for charitable deductions for individuals and corporations
  • Handling reductions in federal funding
  • Application of Section 4960 excise tax on compensation
  • New tax credit for contributions to scholarship-granting organizations

Learning Objectives

After completing this course, you will be able to:

  • Identify employees paid excess compensation under Section 4960
  • Determine how the changes to the itemized deduction cap impact charitable deductions
  • Decide strategies to mitigate the impact of recent legislative changes
  • Ascertain changes made to charitable contribution deductions for individual taxpayers
  • Field of Study: Accounting
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience at mid-level within the organization, preparing complex tax forms and schedules; supervisory authority over other preparers/accountants. Specific knowledge and understanding of cost allocation principles; familiarity with government standards for nonprofit organizations receiving federal grant monies.


BARBRI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

BARBRI CE webinars-powered by Barbri-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .