Part 2: The OBBBA Tax Series–What Nonprofits Need to Know About the Excise Tax
Published: September 3, 2025
This is part 2 of Weintraub’s series covering the major changes from the OBBBA. This follows our initial article where we discussed the no tax on tips and overtime provisions, the SALT deduction, and the PTET Credit. These provisions, as well as the topic of our article, were discussed in our OBBBA webinar held on July 24, 2025 shortly after the bill went into effect. In this article we will discuss the OBBBA’s impact on the excise tax on excess remuneration for employees of nonprofit entities.