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The Executive Compensation Excise Tax: Who, What, and How Much?
ASAE
Nov. 14, 2019 "The Tax Cuts and Jobs Act of 2017 added a new 21 percent excise tax on tax-exempt organizations, including associations, that pay what the law defines as 'excess tax-exempt organization executive compensation.' ... For most nonprofits, the biggest impact will be the need to keep track of whether they have any employees whose compensation may be subject to this tax on the employer." MORE >> |
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