New Tax on Nonprofits with $1 Million Plus Pay Packages
New Tax on Nonprofits with $1 Million Plus Pay Packages
Apr 11, 2019
Thanks to the new tax law passed in December 2017, nonprofits that pay their top officials compensation in excess of $1 million a year must now pay a tax to the federal government. The 21% excise tax applies to the top five highes...
Thanks to the new tax law passed in December 2017, nonprofits that pay their top officials compensation in excess of $1 million a ...