KPMG: Tax Proposals for Exempt Organizations in Biden Administration’s Budget for FY 2023 (April 4, 2022)

KPMG has made available for download there article, “Tax Proposals for Exempt Organizations in Biden Administration’s Budget for FY 2023”, which discusses two proposals related to tax-exempt organizations. The abstract is as follows:

The U.S. Treasury Department on March 28, 2022, released details of tax proposals in the administration’s budget recommendations for FY 2023 in the “Green Book.”
Read Treasury’s “Green Book” [PDF 2.45 MB] for FY 2023—General Explanations of the Administration’s Fiscal Year 2023 Revenue Proposals.
Read KPMG’s report of initial impressions of the tax proposals in the FY 2023 budget: TaxNewsFlash
Two proposals relating to charitable organizations and charitable giving were included in the Green Book.

To see the full article, click: “Tax Proposals for Exempt Organizations in Biden Administration’s Budget for FY 2023”

Posted by Mallory Wentz, Associate Editor, Wealth Strategies Journal.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s