Tuesday, November 10, 2009

Senate Republicans Worry Charitable-Deduction Limits Could Be Revived - Philanthropy.com

Senate Republicans Worry Charitable-Deduction Limits Could Be Revived - Philanthropy.com: "Senate Republicans Worry Charitable-Deduction Limits Could Be Revived

President Obama’s proposal to limit tax breaks for charitable gifts and other itemized deductions to help pay for a health-care overhaul has so far gone nowhere in Congress."

Monday, November 09, 2009

Nonprofits set to pay more Boston taxes - BostonHerald.com

Nonprofits set to pay more Boston taxes - BostonHerald.com: "Boston is reportedly nearing a deal that could triple the money the city receives each year from colleges, hospitals and other nonprofits.

Boston City Councilor Steve Murphy told the Jamaica Plain Gazette that a new agreement could be finalized by early next year. When it is, he added, the city’s annual income could soar from $15 million a year to $45 million in the future.

Because of their nonprofit status, schools, hospitals, churches and civic groups are generally exempt from property taxes."

Editorial: Rep. McKillip on right track for nonprofit || OnlineAthens.com

Editorial: Rep. McKillip on right track for nonprofit || OnlineAthens.com: "That, in anything but a nutshell, is the point of state law regarding property tax exemptions that was at issue as the Athens-Clarke County Board of Assessors pressed its case that Nuçi's Space, a local 501(c)(3) nonprofit group that provides a host of support services - including mental health assistance and rehearsal space - to local musicians, should not have tax-exempt status for its Oconee Street headquarte"

Wednesday, November 04, 2009

Indiana Gazette > Archives > News > Indiana County > Reduced educational tax credit affects nonprofits

Indiana Gazette > Archives > News > Indiana County > Reduced educational tax credit affects nonprofits: "Funding for the tax credit was reduced from $75 million to $60 million this fiscal year. And it's to be reduced by $10 million more in the next fiscal year.

The program, which has been in place since 2001, is intended to spur donations from businesses to groups that grant scholarships and to groups that support educational programs in public schools - school foundations, arts councils, museums, libraries, science centers and youth organizations."

The NonProfit Times - The Leading Business Publication For Nonprofit Management

The NonProfit Times - The Leading Business Publication For Nonprofit Management: "Relief Coming For Nonprofit Pension Plans

By Mark Hrywna

Legislation introduced in Congress could provide temporary relief for nonprofits faced with huge increases in pension contributions in the coming years."

Thursday, October 29, 2009

Obama inks measure with security funds for nonprofits | JTA - Jewish & Israel News

Obama inks measure with security funds for nonprofits | JTA - Jewish & Israel News: "Obama inks measure with security funds for nonprofits

October 29, 2009

WASHINGTON (JTA) -- President Obama signed into a law a homeland security bill that includes funds for non-profits."

ALABAMA VOICES: Battling over bingo | montgomeryadvertiser.com | Montgomery Advertiser

ALABAMA VOICES: Battling over bingo | montgomeryadvertiser.com | Montgomery Advertiser: "The recent federal court ruling in Madison County is constructive in understanding the complexity of the gambling laws within the state and particularly how state laws would apply to Indian gaming operations within the state of Alabama."

Nonprofits will pay for food permits | Yakima Herald-Republic Online

Nonprofits will pay for food permits | Yakima Herald-Republic Online: "YAKIMA, Wash. -- The Yakima Health District will no longer exempt nonprofit food booths from food-service fees, which means organizations at community fairs, sports events, church bazaars and the like will have to pay $54 for a temporary permit."

Friday, October 23, 2009

Will the Estate Tax Disappear? - WSJ.com

Will the Estate Tax Disappear? - WSJ.com: "Many people hope the federal estate tax will disappear next year, as scheduled. They could be sorry if it does.

Back in 2000, Congress enacted a gradual loosening of the estate exemption. It has since risen to its current level of $3.5 million per individual, or up to $7 million per couple. The tax is scheduled to lapse just for next year and return in 2011."

Judge to require $50 donation to United Way in theft sentences | INFORUM | Fargo, ND

Judge to require $50 donation to United Way in theft sentences | INFORUM | Fargo, ND: "Fargo shoplifters and petty thieves will have the cost of a good deed tagged on to their sentences"

Friday, October 16, 2009

Bingo Debate Gets Deep- 16th Century to Now - CBS 42

Bingo Debate Gets Deep- 16th Century to Now - CBS 42: "One of the defense attorneys representing charity bingo interests said prosecutors were focused on drawing distinctions between traditional bingo and electronic bingo.
'I think that's what's attempting to be done, but I think it's been clearly pointed out in there today though that other than the fact that one involves a human being participating more significantly in the process and the other involves a computer doing it, then the basic rules of bingo are being met both electronically and in the traditional old fashioned type bingo,' said Herbie Brewer."

Wednesday, October 07, 2009

massnonprofit.org ::Nonprofit Leader Says State Needs to Clarify Lobbying Law

massnonprofit.org ::: "According to David P, Magnani, executive director of Massachusetts Nonprofit Network, the state’s nonprofit trade association, “The nonprofit sector needs clarification on what the measure would mean to us. We hope the secretary of state will issue an advisory opinion on how the language of the bill will actually be interpreted.”"

Tuesday, October 06, 2009

TheTimesTribune.com, Corbin, KY - Bingo groups can meet with state about modernization

TheTimesTribune.com, Corbin, KY - Bingo groups can meet with state about modernization: "A meeting set for Oct. 15 at the Corbin Bingo Parlor on Cumberland Falls Highway will address concerns of bingo groups in the area regarding the proposed modernization of the state’s Department of Charitable Gaming’s (DCG) accounting software and procurement of supplies by the groups."

Monday, October 05, 2009

Paulette's Point of View

Paulette's Point of View: "There’s no bigger issue right now than healthcare, and charities have been right in the middle of it. In particular, AFP has been following a proposal to reduce the value of the charitable deduction (basically, delinking it from the tax rate) to raise additional revenue."

Friday, October 02, 2009

Brainerd Dispatch: News | Brainerd, Minnesota | Brainerd Lakes Area News on brainerddispatch.com

Brainerd Dispatch: News | Brainerd, Minnesota | Brainerd Lakes Area News on brainerddispatch.com: "In 2008, charitable gambling in Minnesota contributed the lowest amount of money of any year since 1985.

This year, in an attempt to reverse the trend of declining contributions, Allied Charities of Minnesota pushed legislation that would have allowed charitable organizations to set up electronic bingo sites in bars and clubs."