Digging Into That 990

Digging Into That 990

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Public comments on the new rule took both sides. “Instances of both accidental and deliberate disclosure by the IRS, as well as improper access by outside parties, can only be alleviated by removing the requirement that organizations disclose the names and other private information of donors on Schedule B forms,” said a comment letter from the Center for Individual Freedom. On the other hand, a letter from the National Council of Nonprofits called the proposed changes “misguided because they invite bad actors to infiltrate and exploit the nonprofit community to perpetrate excess benefit transactions, engage in unlawful partisan activities, and open the way for disguised foreign interference in American elections and public discourse.”

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