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 on the right track with their new rulemaking, but the proposed rules have serious flaws.
The public comment period has now closed, with more than 140,000 comments submitted.
Our partners at Independent Sector collected almost 100 organizations to sign on to their comment. Go here to read their comment.