Nonprofits assail IRS rule

Nonprofits assail IRS rule

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"Look at the fact that the IRS itself got hacked,” said Tim Delaney, president and CEO of the National Council of Nonprofits.

Nonprofits are scrambling to warn the IRS against adopting the proposed rule. The comment period closes Wednesday.

So far, the IRS has received more than 34,000 comments on the rule.

The proposed requirements fly in the face of conventional wisdom, nonprofits say.

“Law enforcement consistently advise Americans not to disclose their Social Security Numbers,” Delaney said. “When people have your Social Security Number, your name, and your address, it’s very easy to then steal your identity.”

Delaney believes the rules could dry up donations. If donors are afraid their personal information is vulnerable to hackers, they may stop giving. 

“It has an immediate chilling effect on contributions, because people will not give as often,” Delaney said.

Source Name: 
The Hill
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