+"We're encouraged by the bipartisan recognition of the damage that a new 21 percent tax would have on nonprofits' ability to serve their communities," said David Thompson, vice president of public policy at the National Council of Nonprofits.
+While Brady's bill may not ultimately become law, there has been bipartisan criticism of the tax on nonprofits' expenses for transportation benefits.
+The Nonprofit Coordinating Committee of New York is urging action on an outstanding bill that would prevent a tax on commuter benefits. Changes to the federal tax code left nonprofits vulnerable to the Unrelated Business Income Tax, but the state...
+“I’d say the churches have every right to be outraged,” said David L. Thompson, vice president of public policy for the National Council of Nonprofits. “It’s an oxymoron. It’s horrendously unfair.”
+Others are likewise mystified by that aspect of the new provision, prompting the National Council of Nonprofits and many other groups to — so far unsuccessfully — implore the IRS for clarity or any other guidance on how to even begin calculating...
+“The only thing that is clear about the new taxes on tax-exempt organizations is that no one understands them—not nonprofits, houses of worship, accountants, lawyers, or tax advisors,” said David L.
+Washington, DC - The National Council of Nonprofits submitted a letter to the Department of Treasury and...
