Plus: Employees could lose a work perk (thanks to the One Big Beautiful Bill Act), new retirement account penalty rules, ...

Dawn Price signs rent checks worth about $160,000 every month for 79 people that her nonprofit helps house in Laguna Beach, California.

President Trump’s sweeping package of domestic legislation, H.R. 1 (originally titled the One Big Beautiful Bill Act (the “OBBB”)), became law on ...

On July 4, 2025, H.R. 1, also known as the One Big Beautiful Bill (the “OBBB”) was signed into law. Compared to recent legislation, the OBBB does ...

Iowa faith leaders expressed mixed reactions to an Internal Revenue Service court filing allowing houses of worship to ...

Notwithstanding the consent decree, it's an open question whether the US Supreme Court would go along with voiding the ...

When a nonprofit corporation generates income from business trade or on business transactions regularly it could be subject ...

Government & Politics Religion New Trump tax rule could mean big changes for churches during election season Trump administration says it will not enforce ‘the Johnson amendment’ allowing churches to ...

The rule was introduced by former President Lyndon B. Johnson in 1954 when he was serving as the U.S. Senate majority leader. It banned all tax-exempt organizations like churches and charities from ...

A surprise move by the IRS that would allow pastors to back political candidates from the pulpit without losing their organizations’ tax-exempt status is drawing praise from conservatives and ...

Since the start of his first term, President Donald Trump has been on a mission to “totally destroy the Johnson Amendment,” a ...