Preview of Article:
Grassley Continues to Push
Charity Reform Provisions
Attaches provisions to telephone tax repeal bill,
urges IRS to implement more oversight
Senate Finance Committee Chairman Chuck Grassley (R-IA) continues to press for charity reforms from Congress and has attached a series of measures to the pending Telephone Excise Tax Repeal legislation.
He has also pressed the IRS for time-tables for increasing oversight and enforcement of existing regulations in areas of concern to him and the Committee.
In a statement issued June 28, Grassley talked openly about inappropriate political activity by charities aligned with lobbyists like Jack Abramoff and other “special interests.” Grassley’s provision would double the fines applicable to charities that engage in inappropriate political or lobbying activity. (The Joint Committee on Taxation estimates that the increase would have a financial impact of less than $500,000 a year.)
Weekly question and answer
Notice of each full edition
and its free stories
Report on 501(c)(3) electioneering
What our readers say about Nonprofit Issues
Once again you've tackled a tricky question and explained it so we all can understand the issue.--M.V.
Thank you for your informative and keen advice on nonprofit matters. I believe its a unique and concise place to get answers to this often wispy area called nonprofit. --R.T.