Can a new tax plan make nonprofits more “effective”? That’s what the House is hoping. A draft bill recently announced by the House Ways and Means Committee would penalize nonprofits for activities that the Committee has determined are not effective uses of charitable funds. Specifically, the bill would: • Impose a 25% surtax on nonprofits …
Posts Tagged: House Ways and Means Committee
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Categories
- Accountability
- Advocacy
- Applying For Grants
- Attorney General
- Board
- Celebrity Charity
- Charitable Deductions
- Compensation
- Conflict of Interest
- Congress
- COVID-19
- Crisis
- Director Duties
- Donations
- Economic growth
- Economic hardship
- Employment Matters
- Exemption Applications
- Fiscal sponsorship
- Form 990
- Fundraising
- Grantmaking
- IRS
- Jobs
- Lobbying
- Merger
- National emergency
- News
- Non-profits
- Nonprofits
- Opportunity
- Pandemic
- Policy
- Scams
- Taxes
- The Arts
- Trademark
- Uncategorized
- Unrelated Business Income
- Volunteers