Wednesday, July 22, 2015

Changes To Combined Federal Campaign Pushed Off A YearThe NonProfit Times

Changes To Combined Federal Campaign Pushed Off A YearThe NonProfit Times: "New regulations for the Combined Federal Campaign (CFC) originally scheduled to take effect in January will be pushed back a year.

“The modernization of the CFC is reliant on an aggressive timeline for development of the tools needed to implement reform, including streamlined campaign administration and oversight as well as the development of new online applications and systems,”"



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Friday, July 17, 2015

Bid to link sports and charity raffles divides California nonprofits | The Sacramento Bee

Bid to link sports and charity raffles divides California nonprofits | The Sacramento Bee: "n a rematch of a previous legislative fight, California is considering a bill allowing nonprofits associated with professional sports teams to conduct raffles at games and handsomely compensate the winner. The measure has divided charities and prompted questions about collapsing the line between giving and gambling."



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Thursday, July 16, 2015

Congress Thinks Before It Pinks: Breast Cancer Commemorative Coin Bill Pulled | Nonprofit Quarterly

Congress Thinks Before It Pinks: Breast Cancer Commemorative Coin Bill Pulled | Nonprofit Quarterly: "Sometimes you simply have to wonder what is going through the heads of our nation’s legislators, whether you agree or disagree with what they do. Did you know that there was a bill introduced by Rep. Carolyn Maloney (D-NY) to create commemorative $5, $1, and 50-cent pink coins to recognize breast cancer research—with the proceeds to go to the Breast Cancer Research Foundation and to Susan G. Komen"



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Friday, June 26, 2015

House Spending Bill Would Protect Nonprofit Politicking - The Chronicle of Philanthropy

House Spending Bill Would Protect Nonprofit Politicking - The Chronicle of Philanthropy: "A spending measure approved last week by the House Appropriations Committee would prohibit the Internal Revenue Service from forging new rules governing political activity by nonprofits, The Washington Post writes."



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Thursday, June 25, 2015

N.M. Charity Under Investigation Claims Abuse by Regulator - The Chronicle of Philanthropy

N.M. Charity Under Investigation Claims Abuse by Regulator - The Chronicle of Philanthropy: "N.M. Charity Under Investigation Claims Abuse by Regulator
A New Mexico nonprofit that works with homeowners to prevent foreclosure has filed a lawsuit alleging that an assistant state attorney general assigned to oversee such groups bullied its staff and harassed a female employee, the Santa Fe New Mexican writes.

The case, filed Monday, comes as state officials wrangle with the United South Broadway Corp. over an audit of its spending of taxpayer funds, as reported by the Associated Press."



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Tuesday, June 23, 2015

Nevada to tax music events as Vegas becomes festival mecca - The Washington Post

Nevada to tax music events as Vegas becomes festival mecca - The Washington Post: "Last month, state lawmakers voted to impose a 9 percent tax on admissions to most live entertainment events, replacing a two-tier tax rate. The original tax had so many exemptions and exclusions that it became a headache to enforce.

All events in venues with a capacity of 15,000 or more must pay the fee even if they have nonprofit status — a provision that aims to prevent organizers from avoiding the tax by claiming a 501(c)3 exemption.

The measure won’t take effect until October, months after this year’s Electric Daisy Carnival wraps up, but general admission passes that cost about $360 now could soon include a fee of about $32."



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Friday, June 19, 2015

Nonprofits fear impact of NC Senate tax plan

Nonprofit news roundup, 06.19.15 « Philanthropy North Carolina: "Nonprofits fear impact of Senate tax plan

Charities, churches, hospitals, and colleges and universities say the North Carolina Senate plan to slash sales-tax refunds to nonprofits and cap deductions for donations would reduce services and charitable giving."



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Tuesday, June 09, 2015

IRS Releases Tax Forms of 9 Nonprofits in Computer-Readable Format - The Chronicle of Philanthropy

IRS Releases Tax Forms of 9 Nonprofits in Computer-Readable Format - The Chronicle of Philanthropy: "In a precedent that could help pry open a wealth of information about nonprofit activities, the federal government has turned over nine nonprofit tax forms in a format that computers can read — resolving a court battle waged by open-records activist Carl Malamud."



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Monday, June 08, 2015

Fundraising bodies publish joint plan promising 'more robust' regulation

Fundraising bodies publish joint plan promising 'more robust' regulation: "Fundraising bodies have launched a new joint plan for “more robust” fundraising standards in the wake of the death of pensioner Olive Cooke.

The Fundraising Standards Board (FRSB), Institute of Fundraising (IoF), and Public Fundraising Regulatory Association (PFRA) announced a joint action plan on Friday to “ensure the highest standards in fundraising activity across the country”. "



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Friday, June 05, 2015

Boosting the tax benefits of charitable giving - Alice Echo-News Journal: Opinion

Boosting the tax benefits of charitable giving - Alice Echo-News Journal: Opinion: "From a tax standpoint, not all charitable gifts are created equal. A tax-efficient giving strategy can help you maximize the impact of your donations to your favorite charities and take advantage of tax savings. If you are age 70½ or older, you may have an opportunity to make donations to a qualified charity directly from traditional and Roth IRA distributions. In addition to creating tax advantages, these donations also can satisfy any IRA-required minimum distributions for the year."



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Tuesday, June 02, 2015

Why the Business World Is Worried about China’s New Law to Regulate NGOs - NPQ - Nonprofit Quarterly

Why the Business World Is Worried about China’s New Law to Regulate NGOs - NPQ - Nonprofit Quarterly: "A draft law in China aimed at NGOs has businesspeople worried, according to the Wall Street Journal. The “Foreign NGO Management Law” was described by one expert as capable of fundamentally changing the way NGOs operate."



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