IRS Nixes Unpopular Charitable Donation Substantiation Rules

IRS Nixes Unpopular Charitable Donation Substantiation Rules

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Independent Sector and the National Council of Nonprofits also applauded the move. The regulation would have exposed the public to increased risk of identity theft, created more cost for nonprofits, and created public confusion and disincentives for donors to give to worthy causes, Independent Sector said.

Source Name: 
Bloomberb BNA
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