“Schools, Nonprofits Race to Tap Into Scholarship Tax Break Cash”

Richard Lieberman was quoted in the Bloomberg Law article, “Schools, Nonprofits Race to Tap Into Scholarship Tax Break Cash,” discussing the implementation of new federal tax credit regulations for scholarship-granting organizations. The article examines how schools and nonprofits are preparing to participate in a program offering tax credits to donors beginning January 1, 2027.

Lieberman emphasized that while the proposed rules provide a workable framework, organizations face a tight timeline to establish compliance procedures and meet upcoming deadlines. The article also highlights state participation requirements, nonprofit eligibility, and the potential impact of the program on educational funding and scholarship opportunities.