Managing the 'excess compensation' tax: Exempt organizations with highly paid employees must reckon with this burden.

The article offers information about the Tax Cuts and Jobs Act (TCJA) has enacted changes to the tax law that have proved costly to some tax-exempt organizations in the U.S. It mentions that TCJA has amended law to provide less-favorable rules for computing tax on unrelated business income, added a tax on the investment income of larger private colleges and universities and added an excise tax on excess compensation paid to certain executives and other highly paid employees.