Business-Income Tax Avoided by Many Groups
Many charitable organizations report receiving income not related to their missions but do not end up owing taxes on this unrelated-business revenue.
Charitable Deductions Declined in 2008, IRS Report Says
Preliminary figures from the government show charitable-contribution deductions declined in 2008.
Could Obama’s Social Innovation Fund Hurt Foundation Advocacy?
Nonprofit leaders are raising increased concern that the government and grant makers are getting too cozy.
Senate Passes Jobs Bill That Includes Tax Credit for Nonprofit Employers
The Senate has approved a jobs bill that includes a tax credit that could provide $1-billion in savings to nonprofit groups.
Supreme Court Hears Charities’ Challenge to Antiterrorism Law
The Supreme Court is hearing arguments in a case challenging the constitutionality of a law that international charities say stifles their speech and advocacy work.
Gates Official’s Former Role at Drug Company Comes Under Scrutiny
The head of global health for the Bill & Melinda Gates Foundation is under scrutiny by members of Congress for his previous job at one of the world’s largest pharmaceutical companies.
Volunteer Mileage Rules Examined
The federal Congressional Research Service has issued a report that outlines the basic questions the House and Senate should consider in reviewing the tax provisions for people who use their cars and other vehicles as part of their volunteer efforts.
IRS Releases Revised Charity Tax Form
The Internal Revenue Service has made final its 2009 Form 990 informational tax return that charities will file this year or next.
Tax Break Might Add 18,000 Charity Jobs
A tax credit proposed as part of a Senate jobs bill could provide $1-billion in savings to nonprofit groups and create thousands of new jobs.
Judge Rules Against Nebraska Charity
A federal judge rules against a Nebraska group in a sound-alike name dispute with a Florida charity.
IRS Added 155 Employees in 2009 to Oversee Nonprofit Groups
The Internal Revenue Service has added 155 new employees to its Exempt Organizations office in the past year, according to an IRS official who outlined the agency’s latest plans at a Washington tax conference.
Social Innovation Fund Issues Call for Grant Proposals
The federal government on Tuesday announced a grant-making plan for its Social Innovation Fund, paving the way for organizations to prepare their applications.
Obama Nominates New National-Service Inspector General
President Obama plans to nominate a Federal Election Commission official as the new inspector general of the Corporation for National and Communty Service.
IRS Finalizes Form 990 for 2009
The Internal Revenue Service has released its final version of the 2009 Form 990 for charities to file, along with a guide that lists changes to the form.
Senate Confirms a New Leader of National-Service Agency
A foundation executive has been confirmed by the U.S. Senate to head the federal agency that oversees national service and other volunteer efforts.
Report for Congress Reviews Possible Changes to Charitable Mileage Deduction
A report for members of Congress considers whether changes might be needed to the law that permits volunteers to take a charitable deduction for the miles they drive related to their service efforts.