Showing 1 post by Nicholas J. Stock II.
July 11, 2025
TEO Tax Update: New Credit for SGO Contributions
Introduction
The One Big Beautiful Bill Act (Act) establishes a new federal tax credit for individual donations to Scholarship Granting Organizations (SGOs) serving U.S. elementary and secondary school students.
It is important that SGOs and donors understand the requirements of the Act. This update outlines the new credit under IRC § 25F and its interplay with IRC § 139K. Read More ›
Categories: Tax, Tax-Exempt Organizations
Posted by: Nicholas J. Stock II
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