In a letter to lawmakers and President Trump, hundreds of organizations representing the business community urged an immediate end to the prolonged federal government shutdown, saying the impasse is causing significant damage to the economy, individual businesses, and families nationwide.
Last month, the IRS issued interim guidance on the 21 percent excise tax on tax-exempt executive compensation exceeding $1 million. ASAE will continue to work to reduce the impact of the excise tax on associations.
A coalition of associations, including ASAE, is supporting the government's request that a court dismiss a lawsuit challenging Labor Department regulations for association health plans.
New guidance from the Treasury Department provides some certainty to associations about how to handle their new tax liability for parking and mass transit benefits provided to employees. Meanwhile, ASAE and others continue to press for repeal of the provision.
GOP leaders load up lame-duck agenda.
An amendment to a year-end tax package would kill a provision of last year's tax reform law that requires nonprofit organizations to pay UBIT on certain fringe benefits provided to employees. Its prospects are good in the House but less certain in the Senate.
With international visitors to the U.S. declining, now is not the time to lose Brand USA, the public-private partnership that promotes the U.S. as a travel destination to the rest of the world, according to a coalition of travel and business associations.
Associations find strength in numbers.
Groups representing a variety of sectors, from small businesses to farmers, announced this week that they will work to develop standards for organizations providing association health plans under new Department of Labor rules.
ASAE is urging its members to weigh in on legislation pending in the Ohio Senate that would impact professional certification programs run by associations.