IRS Won’t Ask Nonprofits to Collect Social Security Numbers

IRS Won’t Ask Nonprofits to Collect Social Security Numbers

Printer-friendly version

Tim Delaney, president and CEO of the National Council of Nonprofits, also rallied against the effort, arguing the rule could have a chilling effect on donors.

“Nonprofits have neither the financial resources nor sufficient staffing to combat hackers who will see an easy source for Social Security information,”he said. “This also creates a liability nightmare for innocent nonprofits…To be asked to share their address, their credit card number and their Social Security number all in the same place would be enough to scare even the most committed donor to decline to give.”

Today, Delaney said, is a “good day” for the American public.

“Today is a good day for the public, for donors to the work of charitable nonprofits, and for the nonprofit community,” he said. “The Treasury Department and the IRS wisely withdrew their proposed gift substantiation rules after hearing from almost 38,000 Americans who filed comments in opposition to the proposal.”

Source Name: 
The Daily Signal
Find Your State Association of Nonprofits

Find Your State Association of Nonprofits

Connect with local resources and expertise

Find

Connect With Us

1. Sign up for updates

Stay up-to-date with the latest nonprofit resources and trends by subscribing to our free e-newsletters.

2. Follow us on social media