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2025 News
FAQ: New Federal Law Expands Use of 529 Plans to Include Qualified Expenses on Credentialing Programs
Congress recently passed the Freedom to Invest in Tomorrow’s Workforce Act as part of a broader overhaul of the tax code, incorporating the bill into the One Big Beautiful Bill Act. The bill was signed into law on July 4, 2025. As a result, Section 529 of the Internal Revenue Read more
Senate Tax Bill Preserves the Ability of the Private Sector to Address Community Needs While Bolstering America’s Workforce
Chairman Mike Crapo (R-Idaho) and the Senate Finance Committee recently released their section of reconciliation legislation extending tax relief in the Tax Cuts and Jobs Act of 2017 and enacting many of the President’s domestic policy priorities. This draft text takes critical steps towards protecting the ability of nonprofit organizations Read more
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