
Dozens Of Nonprofits Denied Tax-Exempt Status As Towns And Cities Look For Revenue
Gian-Carl Casa, president and CEO of the Connecticut Community Nonprofit Alliance, said it’s a sign that towns and cities are desperate for revenue.
Gian-Carl Casa, president and CEO of the Connecticut Community Nonprofit Alliance, said it’s a sign that towns and cities are desperate for revenue.
Washington, DC - Tim Delaney, President and CEO of the National Council of Nonprofits, which advocates on behalf of charitable nonprofits nationwide, released the following statement in response to action today by the House Ways and Means...
The Taxpayer First Act should add a provision revoking Form 1023-EZ and require the IRS to replace it with a streamlined form that gathers the necessary information to ensure tax exemptions are only given to eligible organizations, the National...
“By aligning the definition of charity with federal law, this change would fully recognize the important contributions all of Denver’s nonprofits make to our quality of life,” said Mark Turner, the Colorado Nonprofit Association’s senior director...
Groups in this category that receive tax-deductible donations are known as 501(c)(3) organizations.
The findings point to "abnormalities," because it typically takes a long time for new nonprofits to establish themselves and grow, said Tim Delaney, president of the National Council of Nonprofits.
Despite the tax squeeze caused by exempted properties, many organizations argue their property tax-free existence provides greater benefits to the community.
"If we can't move (SB 960) through the entire process this year, then we will reintroduce it next year," said Joan Bowman, external affairs officer for the Michigan Nonprofit...
The Princeton case differs from previous legal challenges in one important way: It was brought by residents. The fee for filing a property tax challenge is typically very low -- less than $100.
The shorter form may have helped reduce the IRS’s backlog of applications, but it has invited fraud, said Tim Delaney, president of the National Council of Nonprofits.