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Inc. 5000 Listed - 2022 & 2023!

Nonprofit Tax Changes Could Come in 2015

According to Harold Hancock, legal counsel for the House Ways and Means Committee, tax code changes are possible this year for charities and other nonprofits.  We talked about this last year (and the year before), but so far, nothing has…

Obama Calls to Limit Charitable Deduction

President Obama has once again pushed to limit charitable deduction in the budget he sent to Congress this past Monday. This budget is the seventh budget President Obama has sent to Congress that calls for a limit on tax breaks…

Charitable Deduction Is Again Under Assault

Charitable Deduction Is Again Under Assault

Ever since Barack Obama became President in 2009, we have had to endure his annual budget proposal to limit the tax deductibility of charitable contributions.  And each year, we, along with almost the entire nonprofit sector, scream in frustration, knowing…

White House Advocates for Mandatory Form 990 E-File

In President Obama’s recently released budget, the White House is asking legislators to pass a law mandating electronic filing for IRS Form 990.  The request asks for any legislation to include a 3-year phase-in period. Currently, only those nonprofits with…

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