A Chance of a Lifetime

The public outcry was overwhelming from both sides of the aisle. Tim Delaney, president and CEO of the National Council of Nonprofits, said the proposal “would be devastating for nonprofits and the general public,” citing his belief that fewer would donate if they had to share their social security numbers out of fear of identity theft, and nonprofits would have to spend limited resources to bolster data security instead of focusing on their mission. There was also additional concern about how the IRS would use collected data, other than for filing claims. Just a few days ago, the IRS withdrew the request for consideration of implementation of this regulation.