In this op-ed, the National Council of Nonprofits shares its analysis of what is at risk for nonprofits in the current House Tax Bill. These are some of the things your board and staff should speak out about as they advocate on behalf of your institution.
As the threat/opportunity of federal tax “reform” looms, most nonprofits will likely opt out of participation in framing the real values questions in front of us. Some may use the need to remain apolitical as an excuse. But, as Patrick Lester reminds us in this article, no one is requiring that of you—in fact, doing so may be an abdication of responsibility.
Machine-readable data will make it easier to compare and contrast the financial, governance, and compensation practices of nonprofits as they report them to the IRS.
In a financial tailspin, Colonial Williamsburg makes a case for property tax relief based on its economic meaning to the town and region.
Today is Tax Day and it’s a great day for remembering that without our advocacy, fair taxation is impossible.
There has never been a more critical time for nonprofits to get involved at every level of tax policy. In this excerpt from a classic NPQ article, Kim Klein talks about the why and how.
An Illinois county is finding out it’s easier to decide to get rid of its nursing home than it is to actually get it done.
While the UK has declined to stop taxing feminine hygiene products, it did promise to pass some of the tax proceeds along to women’s groups. But its first round of grants includes a big one to an anti-abortion organization.
January 29, 2017; Peninsula Clarion (Kenai, AK)
What’s fair in the taxation of nonprofits by local municipalities? NPQ has covered the issue of payments in lieu of taxes issue extensively; it mostly affects universities and hospitals—the eds and the meds. But there’s another realm of charges—fees and taxes—that hits smaller and larger operations alike. For more background on this, read “Death by a Thousand City Fees.”
Recently in Alaska, the Kenai Peninsula Borough Assembly passed a set of tax reforms that included several new sources of revenue. One of them removed the exemption from collecting sales tax by nonprofits operating regular storefronts, like the Salvation Army.
House Freedom Caucus chair Mark Meadows says he expects tax reform to be included in the fiscal 2018 budget process: “I think it will be done in reconciliation, if it will be done.”
