Ropes & Gray

Law firms · cited in 2 of our stories.

Where we cited them

Trump Accounts Go Live With a $5,000 Annual Limit and a Tax Profile Unlike a 529 or Roth

Contributions opened July 4 and the first investments followed on July 6. Families can put in after-tax money, but growth is taxed as ordinary income once the child reaches adulthood.

July 4, 2026U.S. Department of the Treasury

Giving

IRS Widens the Nonprofit Pay Excise Tax to Any Employee Over $1 Million

A new notice extends the 21% excise tax on excess pay at tax-exempt organizations beyond the top five earners, a change that touches board members and major donors as much as executives.

June 5, 2026IRS

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