Well, that was fast. At least the IRS made the right decision on this. Just to update you, the IRS recently proposed allowing charities to (optionally) collect the Social Security numbers of donors and report the detailed donor/donation information to…
It looks like Lois Lerner, the scandal-scarred former head of the IRS Tax Exemption Unit, can finally relax and enjoy her forced retirement. Last week, the Obama Justice Department announced that they were declining to prosecute her for misusing her…
An article published yesterday by the online newspaper, ProPublica (which claims to focus on stories with “moral force”), is getting a lot of attention. In the essay entitled, The Wall Street Takeover of Charity, writer Jesse Eisinger goes to great…
Well, it looks like Lois Lerner has found her voice! You may remember the former head of the IRS Exempt Organizations Division who famously pleaded the 5th amendment when called to testify to the House of Representatives regarding her role…
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…
All 501(c)(3) organizations are required by law to file some version of IRS Form 990 annually, with the notable exception of churches. Since the establishment of Internal Revenue Code Section 501(c)(3), churches have been exempt from this annual reporting requirement. …
UPDATED (9:00 am, 10/1/2013): It happened. Most non-essential, federal workers are now furloughed until further notice. As of midday, Monday, September 30, 2013, both sides of the political aisle are firmly entrenched on the federal budget talks and neither side…
18 years old this month! Not me, of course, but Foundation Group. I say this every year when the middle of September rolls around, but time sure does fly by. It is so hard to believe it has been that…
Just this morning the CEOs of Guidestar, Charity Navigator and BBB Wise Giving Alliance released a co-signed letter calling for an end to what they call “The Overhead Myth”. This marks the first time the three leading nonprofit information providers…
It is a shocking development in a story that continues to explode. Lois Lerner, the Director of the Exempt Organization’s unit at the Internal Revenue Service, who is scheduled to appear before Congress tomorrow morning, has said through her lawyer…