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Keyword: irsnonprofits

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  • IRS tries Backdoor Way to Undercut Nonprofits

    11/29/2015 6:27:10 AM PST · by RKBA Democrat · 31 replies
    Americans For Tax Reform ^ | 11-24-15 | Edwin Portugal
    The IRS recently proposed a rule to weaken the effectiveness of non-profits. Under this proposal, the IRS would give 501(c)(3) non-profit organizations, which includes charities, religious groups, and educational foundations, the option to collect the social security numbers of donors giving more than $250 so that they can be sent to the IRS. While optional at the moment, it is obvious that the rule is simply a way for the IRS to transition to mandatory collection of social security numbers. This rule should frighten all Americans because it opens up a whole pandora’s box of security concerns. Additionally, the IRS...