What About Those Fringe Benefits?
But the nonprofit sector is increasingly worried that no such bill will become law before the filing season comes to an end. “My understanding is that inertia will control unless electeds realize that churches/nonprofits are having to divert program resources to pay the tax on April 15,” David Thompson, the vice president of public policy at the National Council of Nonprofits, told Morning Tax in an email. Thompson also said he was worried that there are plenty of cases where nonprofits are using resources that could go toward their missions to figure out how to navigate the fringe benefits tax.