The IRS is considering postponing enforcement of two provisions in the new tax law exposing tax-exempt organizations to unrelated business income tax liability, according to Bloomberg BNA. Last year’s Tax Cuts and Jobs Act added a requirement that tax-exempt organizations report unrelated business income for each trade or business separately. Previously, exempt organizations could report… Read more »

The Supreme Court on Monday allowed electoral maps in Wisconsin and Maryland to remain in place for now, side-stepping the question of whether extreme partisan gerrymandering is unconstitutional. The Supreme Court has never struck down a voting district as an unconstitutional partisan gerrymander and such a ruling would likely change future political elections across the… Read more »

Lawmakers heard testimony June 20 on occupational licensing and its effects on economic growth, while acknowledging the issue should be left primarily to the states to determine whether over-regulation is creating barriers to employment. “Occupational licensing plays an important role in protecting consumers and ensuring high-quality service,” said Rep. Brett Guthrie (R-KY), who chairs the… Read more »

The Trump administration this week issued a final rule expanding association health plans (AHPs) as a means of helping small businesses and self-employed people get affordable health coverage. “The Trump administration hopes to level the playing field between large companies and small businesses by expanding access to association health plans,” Labor Secretary Alexander Acosta told… Read more »