logo logo
Donate
    • Membership
    • Donate
  • Social Justice
    • Racial Justice
    • Climate Justice
    • Disability Justice
    • Economic Justice
    • Health Justice
    • Immigration
    • LGBTQ+
  • Civic News
  • Nonprofit Leadership
    • Board Governance
    • Equity-Centered Management
    • Finances
    • Fundraising
    • Human Resources
    • Organizational Culture
    • Philanthropy
    • Power Dynamics
    • Strategic Planning
    • Technology
  • CONTENT TYPES
  • Leading Edge Membership
  • Newsletters
  • Webinars

Nonprofit Newswire | Beware of IRS’ 2010 “Dirty Dozen” Tax Scams

Rick Cohen
March 19, 2010
Subscribe via E-Mail Get the newswire delivered to you – free! {source} [[form name=”ccoptin” action=”http://visitor.constantcontact.com/d.jsp” target=”_blank” method=”post”]] [[input type=”text” name=”ea” size=”20″ value=”” style=”font-family:Verdana,Geneva,Arial,Helvetica,sans-serif; font-size:10px; border:1px solid #999999;”]] [[input type=”submit” name=”go” value=”GO” class=”submit” style=”font-family:Verdana,Arial,Helvetica,sans-serif; font-size:10px;”]] [[input type=”hidden” name=”m” value=”1101451017273″]] [[input type=”hidden” name=”p” value=”oi”]] [[/form]] {/source} Subscribe via RSS Subscribe via RSS Submit a News Item Submit a News Item

March 15, 2010; Internal Revenue Service | The IRS’s annual “dirty dozen” list of tax scams contains an obligatory item on charities. However, the item on charities doesn’t seem to be major, suggesting that the IRS appreciates that there are less problems in dealing with charities and charitable deductions than there are in the much more lucrative non-nonprofit side of tax returns.

The IRS’s basic concerns are these: “Arrangements to improperly shield income or assets from taxation and attempts by donors to maintain control over donated assets or income from donated property” and “schemes involving the [often highly overvalued] donation of non-cash assets including situations where several organizations claim the full value for both the receipt and distribution of the same non-cash contribution,” often with the premise that the donor can repurchase the items later at a price set by the donor.

Sign up for our free newsletters

Subscribe to NPQ's newsletters to have our top stories delivered directly to your inbox.

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

We believe that the “abuse of charitable organizations and deductions” part of the dirty dozen list was longer in past years, particularly when the Senate Finance Committee in 2004 held hearings on some egregious charitable uses. But there isn’t much else. There’s no specific mention of foundations indulging themselves with overly nice offices and more, and there’s no mention of some of the shadier donor advised fund managers like National Heritage.

It either means that the Obama Administration’s Internal Revenue Service has decided to chill out over charitable giving scams, or that nonprofits have worked on improving their systems so that opportunities for tax scams are minimized.—Rick Cohen

About the author
Rick Cohen

Rick joined NPQ in 2006, after almost eight years as the executive director of the National Committee for Responsive Philanthropy (NCRP). Before that he played various roles as a community worker and advisor to others doing community work. He also worked in government. Cohen pursued investigative and analytical articles, advocated for increased philanthropic giving and access for disenfranchised constituencies, and promoted increased philanthropic and nonprofit accountability.

More about: Nonprofit News

Our Voices Are Our Power.

Journalism, nonprofits, and multiracial democracy are under attack. At NPQ, we fight back by sharing stories and essential insights from nonprofit leaders and workers—and we pay every contributor.

Can you help us protect nonprofit voices?

Your support keeps truth alive when it matters most.
Every single dollar makes a difference.

Donate now
logo logo logo logo logo
See comments

You might also like
Big Tech Comes to Tucker County, West Virginia
Laura Harbert Allen
What Happens When Your NSF Grant Is Canceled?
Nicole Walker
Amid Job Corps Cuts, HBCU Leaders Are Stepping Up
Rebekah Barber
New Tariffs Will Likely Deepen Economic Burdens for Women of Color
Rebekah Barber
Black Imagination as Strategy: Reclaiming Creativity in Nonprofit Leadership
Coniqua Johnson-Reed
With Major Sponsors Out, Who Is Stepping Up to Support Pride?
Alison Stine

Upcoming Webinars

Group Created with Sketch.
June 26th, 2:00 pm ET

From Performance Management to Mutual Commitment

Fostering a Culture of Joyful Accountability

Register
Group Created with Sketch.
July 24th, 2:00 pm ET

Organizing in Divided Times

The Relational Infrastructure We Need to Protect Democracy

Register

    
You might also like
Conservatives Attack Nonprofits on Capitol Hill
Isaiah Thompson
Glass-paneled exterior of the Microsoft building.
Microsoft Axes Free 365 Software for Nonprofits
Isaiah Thompson
US Capitol Building
Tax Provision Would Give Trump Administration Unilateral...
Rebekah Barber and Isaiah Thompson

Like what you see?

Subscribe to the NPQ newsletter to have our top stories delivered directly to your inbox.

See our newsletters

By signing up, you agree to our privacy policy and terms of use, and to receive messages from NPQ and our partners.

  • About
  • Advertise
  • Careers
  • Contact
  • Copyright
  • Donate
  • Editorial Policy
  • Funders
  • Submissions

We are using cookies to give you the best experience on our website.

 

Non Profit News | Nonprofit Quarterly
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.