Many nonprofits and their affiliates could face expanded requirements to disclose information to the Internal Revenue Service if some tax-agency officials and advisers get their way. What’s more, the IRS might require each affiliate to prove it deserves tax exemption, rather than granting one exemption to cover every affiliate.
Such changes could be a big deal — 250,000 charities are part of big national organizations, the IRS estimates. Organizations like the American Cancer Society, Habitat for Humanity, and the NAACP all would be affected by a change.
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%0D%0A%20%20Such%20changes%20could%20be%20a%20big%20deal%20—%20250,000%20charities%20are%20part%20of%20big%20national%20organizations,%20the%20IRS%20estimates.%20Organizations%20like%20the%20American%20Cancer%20Society<%2Fa>,%20Habitat%20for%20Humanity<%2Fa>,%20and%20the%20NAACP<%2Fa>%20all%20would%20be%20affected%20by%20a%20change.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Firs-considers-changes-disclosure-rules-many-nonprofit-groups%2F" target="_blank" class="email" data-post-id="18753" type="icon_link"> Email Email
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