Inflation
2025 IRS Inflation Adjustments
In October of 2024 the Internal Revenue System announced the annual inflation adjustments for over 60 tax provisions for tax year 2025. The following provisions are potentially applicable to nonprofits. Low Cost Article The unrelated…
2024 IRS Inflation Adjustments
2024 IRS Inflation Adjustments In early November of 2023 the Internal Revenue System announced the annual inflation adjustments for over 60 tax provisions for tax year 2024. The following provisions are potentially applicable to nonprofits….
2023 Inflation Adjustments and FEC Contribution Limits
During the past several months, the Federal Election Commission (FEC) and IRS each announced inflation-adjusted limits and other rates that went into effect on January 1. The FEC released updated contribution limits for the 2023-2024…
2021 Inflation Adjustments
The IRS has announced inflation-adjusted rates and limits for 2021, some of which have changed since 2020. Low Cost Article The unrelated business income of certain tax-exempt organizations does not include proceeds from the distribution…
2020 Inflation Adjustments
The IRS has announced new, inflation-adjusted rates and limits for 2020. Low Cost Article The unrelated business income of certain tax-exempt organizations does not include proceeds from the distribution of “low cost articles” related to…
2019 Inflation Adjustments
The IRS has announced new, inflation-adjusted rates and limits for 2019. Low Cost Article The unrelated business income of certain tax-exempt organizations does not include proceeds from the distribution of “low cost articles” related to…
2018 Inflation Adjustments
The IRS has announced new, inflation-adjusted rates and limits for 2018. Low Cost Article The unrelated business income of certain tax-exempt organizations does not include proceeds from the distribution of “low cost articles” related to charitable solicitations…