Thursday, May 17, 2012

IRS Urged to Reduce Paperwork Burden on Charities - Tax Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

IRS Urged to Reduce Paperwork Burden on Charities - Tax Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: The wide-ranging hearing, the first in a series of sessions expected to be held by a Ways and Means subcommittee that oversees the Internal Revenue Service, also featured a call to change the standards for getting charity status so that groups would have to prove they are making a positive contribution, rather than giving them an exemption simply because they avoid things like lobbying and engaging in untaxed business activities.

And the head of a prominent coalition of charities issued a plea for the renewal of tax breaks that encourage charitable giving.

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