The American Institute of CPAs in November 2019 asked the IRS to exclude small tax-exempt organizations from the measure, saying those entities don’t have the tools that their larger counterparts have to...
That might not seem like much, but David Thompson, vice president of public policy for the National Council of Nonprofits, said 92% of all nonprofits have revenues of less than $1 million.
Tim Delaney, President and CEO of the National Council of Nonprofits, said the following in response to the IRS releasing guidance that will help nonprofits quickly get refunds of taxes they paid on the now-repealed tax on nonprofit...
The unrelated business income tax was imposed on a variety of fringe benefits such as free parking, subsidized transit passes, and use of on-premises athletic facilities. The taxes were immediately unpopular, in part because they applied to...
The National Council of Nonprofits surveyed members in June and found plenty of anecdotal evidence the tax is “a big fat mess,” as David Thompson, the group’s vice president of public policy, put it recently...
In response to the release of Ways and Means Committee Chairman Neal’s tax bill, Tim Delaney, President and CEO of the National Council of Nonprofits, made the following statement: