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Extenders Bill Brings Big Changes for Not-For-Profits
Posted by Craig Klein on Sun, Dec 22, 2019 @ 03:31 PM

An appropriations bill passed on December 20 contains a gift for not-for-profit organizations. The so-called Further Consolidated Appropriations Act, 2020 (FCAA) provides a long-awaited solution for not-for-profits that provide certain transportation and parking benefits to their employees. It also contains retirement plan benefits and reinstates other expired tax incentives (the so-called “Extenders”).

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Topics: Tax incentive, Taxes, Congress, Tax Reform, not-for-profit tax, TCJA, parking tax

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