#NonprofitTaxDay Comes & Goes & Nonprofits Pay

#NonprofitTaxDay Comes & Goes & Nonprofits Pay

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#NonprofitTaxDay came and went on May 15, with the National Council of Nonprofitsand other advocacy organizations trying to garner attention on the new taxes that impact nonprofit expenses.

A broad coalition of nonprofits declared #NonprofitTaxDay on May 15. Nonprofits were surveyed to provide an estimate of how much they paid in the new taxes and what impact that had on program spending. “Everyone agrees this is bad policy, no one’s defending that,” said David L. Thompson, vice president of public policy for the National Council of Nonprofits in Washington, D.C. Nonprofits are caught in the middle, being held hostage by other issues, he added. “They’re waiting on some tax vehicle to come along and attach something to it,” he said of Congress. If nonprofits can garner enough attention for repeal, they’ll be a big enough deal to pass legislation, he said.
Source Name: 
The NonProfit Times
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