
The Peter G. Peterson Foundation is spending money on federal debt solutions, giving each of six national think tanks $200,000 as part of the Foundation’s Solutions Initiative to develop fiscal solutions. The Cohen Report breaks down six of the solutions here. Which are you betting on? Where would you put your money?
The IRS is now in the process of examining various organizations to find out whether they are complying with the laws governing employment tax reporting and withholding. Nonprofts may have face challenging issues ahead — and possible significant tax liabilities.
You open the letter, and there’s a donation inside for your nonprofit organization from a horrible, murderous dictator (or his relatives). What would you do? Take the money and run (to deposit it in your group’s bank account) or refuse to take potentially dirty money?