Nonprofits Pay for Big Ad to Influence Lawmakers
Independent Sector paid for a full-page advertisement in the political newspaper Politico to protest cuts in aid to the poor and limits on charitable deductions.
By Lisa Chiu
Contributor
Share Your Ideas for Improving Nonprofit Tax Returns
A coalition of charities and foundations is asking for ideas on how the IRS can improve the informational tax return that nonprofits must file each year.
By Lisa Chiu
Contributor
Fate of Charitable Deduction Still Unclear in Debt-Ceiling Talks
Charity fund raisers could see a positive sign in the Republican opposition to any plan that includes tax increases, such as a new limits on write-offs for donations.
By Lisa Chiu
Contributor
Budget Talks Could Put Tax Breaks for Donations in Peril
As federal lawmakers meet behind closed doors, nonprofit leaders worry that charitable deductions for the wealthy could face new limits.
By Lisa Chiu
Contributor
IRS Drops Investigations of Big Donors to Advocacy Groups
The tax agency reverses course on audits to determine whether donors should pay gift taxes.
By Lisa Chiu
Contributor
Lawmakers in 2 States Strike Down High-Profile Bills to Regulate Nonprofits
A bill in Massachusetts to ban payment to nonprofit board members has died, as has an effort to restrict write-offs on gifts to Oregon groups that spend too much on fund raising.
By Lisa Chiu
Contributor
Leader of Grant Makers’ Association to Resign
Steve Gunderson, chief executive of the Council on Foundations, is leaving his position effective September 1.
By Lisa Chiu
Contributor
Mass. May Soon Ban Pay for Trustees of Nonprofit Groups
The prohibition would be the first state effort to end compensation for trustees and could soon spread to other states.
By Lisa Chiu
Contributor
Questions About Charity Boom’s Sustainability Linger After IRS Purge
Nearly half of the groups that lost tax-exempt status were created in this decade or in the 1990s, a sign of how hard it is for new groups to gain a foothold.
By Lisa Chiu
Contributor
House Proposal Would Simplify Foundation Excise-Tax Rate
House lawmakers have proposed a bill that would create a flat tax rate for investment income by private foundations.
By Lisa Chiu
Contributor