There are many resources for finding out information about a nonprofit. The best option is to review an organization’s documents yourself. But if you don’t have time for that, where should you go for reliable reporting on nonprofits? The Direct Marketing Association Nonprofit Federation (DMA) is hoping you will turn to their new Nonprofit Dashboard. …
Posts Categorized: Accountability
Another Win for NY AG Schneiderman
New York Attorney General Eric T. Schneiderman is following his big win earlier this month with a $522,000 pay out from a Brooklyn rabbi who collected hundreds of thousands of dollars for fake charities. Rabbi Yaakov Weingarten pled guilty in NY State Supreme Court to felony tax fraud for soliciting donations from thousands of donors …
Florida Enacts Tighter Regulations on Charities and Fundraisers
Do you remember when, in April, we told you that Florida’s lawmakers were concerned that 11 of the 50 worst charities were based in Florida. Now they are following through on their promise to do something about it. Last month Florida Governor Rick Scott signed into law a comprehensive revision of the state’s charitable solicitation …
Florida Considering Tightening the Reigns on Charities and Fundraisers
Remember when we told you about the nation’s 50 worst charities? Florida’s lawmakers noticed that 11 of those worst offenders were based in Florida. In an effort to clean up Florida’s charities, Agriculture Commissioner Adam Putnam has proposed a plan to tighten regulations on Florida’s charities and for-profit fundraisers. (The state charity registrar in Florida …
Lady Gaga Boosts New Tax Plan
Earlier this week we told you that the House Ways and Means Committee is trying to force nonprofits to be more “effective” through a new tax plan. Thanks to Lady Gaga, the Committee has a new example of why such a tax plan is needed. Yes, Lady Gaga. Lady Gaga and her mother co-founded the …
The IRS Wants Your Responsible Party to Keep in Touch
Several times each year we receive letters form the IRS for former clients who failed to update the IRS of changes in their contact information. The result of failing to keep the IRS, or any other regulator, apprised of new contact information can be devastating – including loss of exemption. Perhaps as a result of …