IRS Announces Delay in New Tool for Groups Seeking Charity Status
The Internal Revenue Service has announced a delay in the release of a new Web tool designed to help charities apply for tax-exempt status.
By Grant Williams
Contributor
Key Members of Congress Announce Plan to Spur Gifts for Haiti Relief
Tax breaks for Haiti gifts gain momentum
By Grant Williams
Contributor
Key Members of Congress Announce Plan to Spur Gifts for Haiti Relief
Four key members of Congress say they will introduce legislation that would encourage Americans to contribute cash to charities that help with “emergency aid and rebuilding efforts” in Haiti.
By Grant Williams
Contributor
The Internal Revenue Service has released the fourth in a series of tip sheets to help nonprofit organizations prepare their Form 990 informational tax return. The new tips focus on information the IRS seeks about arrangements a charity has with related organizations. The tips are available at…
By Grant Williams
Contributor
A committee of nonprofit experts that advises the Internal Revenue Service is recommending that the agency improve the tax rules governing international grant making. “While the longstanding framework for cross-border philanthropy functions well, it can and should be updated to simplify compliance…
By Grant Williams
Contributor
White House Official Defends Deduction Proposal
An Obama administration official last month advised charities not to worry about the White House’s plan to limit charity tax breaks for the wealthy and to keep in mind the “broader context” of President Obama’s plan. Under the proposal, which has drawn fire for its potential to damage charitable…
By Grant Williams
Contributor
In a new report, the Treasury Inspector General for Tax Administration says that the Internal Revenue Service opened examinations of 110 charities and churches in a review of the organizations’ activities during the 2004 election cycle. The IRS has revoked the tax exemptions of six of the…
By Grant Williams
Contributor
White House Official Defends Deduction Proposal
White House official defends deduction proposal
By Grant Williams
Contributor
The Internal Revenue Service has released the second in a series of tips to help nonprofit organizations prepare their Form 990 informational tax return, the primary document that groups file each year. The second batch of advice explains how to report executive compensation on both the “core form”…
By Grant Williams
Contributor
The Internal Revenue Service has released an updated plan for the next several years that pledges a continuation of “focused oversight of the tax-exempt sector.” In its Strategic Plan 2009-2013, the IRS said that “the massive size of this sector requires us to provide more careful oversight and…
By Grant Williams
Contributor