Safeguarding UBI Deductions | Planned Giving Design Center

Safeguarding UBI Deductions | Planned Giving Design Center: The Internal Revenue Service multi-year Colleges and Universities Compliance Project (CUCP) final report was issued in April 2013 and resulted in increases to unrelated business taxable income for 90% of the colleges and universities examined. In this article, PGDC contributing author Dennis Walsh, CPA continues his examination of this report by discussing the definition of a "trade or business" that gives rise to the unrelated business income tax along with steps organizations engaged in such activities should take to minimize their tax exposure.

Could change in tax code bring transparency to charity fundraising? | The Center for Investigative Reporting

Could change in tax code bring transparency to charity fundraising? | The Center for Investigative Reporting

Lawyers want charity commissioner's office under judiciary - The Times of India

Lawyers want charity commissioner's office under judiciary - The Times of India: NAGPUR: The lawyers working at Charity Commissioner's office here knocked the judiciary's doors demanding that their organization should be brought under the ambit of administrative, judicial superintendence and control of High Court of Judicature at Bombay. Currently, the office works under the Maharashtra Law and Judiciary Department.

Nonprofit Donor Transparency Law Raises Concerns in New York: Associations Now

Nonprofit Donor Transparency Law Raises Concerns in New York: Associations Now: Debate is heating up over which nonprofits will be exempted from disclosing the names of donors as New York state’s law requires, according to The New York Times.

Public and political scrutiny have intensified, the Times reported, since the state ethics commission voted in a closed session to grant the abortion rights group NARAL Pro-Choice New York the lone exemption from the law in early August. The potential for physical harm to come to donors was a key concern.

SOI Tax Stats - Split-Interest Trust Statistics

SOI Tax Stats - Split-Interest Trust Statistics: Split-interest trusts make distributions to both charitable and noncharitable beneficiaries, while providing tax benefits to their donor. All split-interest trusts must annually file Form 5227, Split-Interest Trust Information Return, to report financial activity and determine if they should be treated as a private foundation. Based on the method and timing of distributions, split-interest trusts are divided into the following four categories:

Charitable groups await state’s fix for ‘e-raffles’ | The Columbus Dispatch

Charitable groups await state’s fix for ‘e-raffles’ | The Columbus Dispatch: Will the Ohio Lottery Commission ride to the rescue of veterans and fraternal organizations struggling with making “electronic raffle” machines pass legal muster?

The commission could be involved, although lottery spokeswoman Danielle Frizzi-Babb said no proposal has been made.

New numbers on the CNCA and continuances from Industry Canada

New numbers on the CNCA and continuances from Industry Canada

Opinion: Weighing the Worth of the Charitable Deduction - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Opinion: Weighing the Worth of the Charitable Deduction - Philanthropy Today - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Republican economist examines the debate over proposed changes to charitable tax breaks in an online opinion piece for The New York Times.

In a post for the Times’ Economix blog, Bruce Bartlett, who held policy roles in the Reagan and George H.W. Bush administrations, summarizes the history of the charitable deduction, its cost to the federal treasury, and current arguments for and against altering it.

Lobbying bill will hinder charity campaigning and fundraising, NCVO warns | Third Sector

Lobbying bill will hinder charity campaigning and fundraising, NCVO warns | Third Sector: The umbrella body will raise concerns with the Cabinet Office about the proposals to make it a criminal offence to spend more than �390,000 on campaigns that affect elections

The new lobbying bill could restrict charity campaigning and could even make it difficult to fundraise, the National Council for Voluntary Organisations has warned

Coalition Criticizes Proposal to Ease Ban on Political Activity by Churches - Government - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Coalition Criticizes Proposal to Ease Ban on Political Activity by Churches - Government - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: ndependent Sector, a major nonprofit coalition, has criticized a proposal from a panel of religious leaders to ease restrictions on political activity by churches and other nonprofits, saying such a move could “undermine the public trust in these charitable organizations and do more harm than good.”