IRS New Proposed Rulemaking is an Opportunity for Positive Change
Special tax benefits for nonprofit organizations were created to encourage the work of nonprofits, but unclear rules from the IRS have hindered that work for too long. The IRS is currently revising a draft of new rules that could clarify the definition of political activity for nonprofits while protecting civic engagement.
The public comment period on the first draft of the rules has now closed, with more than 160,000 comments submitted. A new draft is expected in early 2015.
Our partners at Independent Sector collected almost 100 organizations to sign on to their comment. Go here to read their comment.