New Massachusetts Rules Target Financial Abuses

So what does Reilly's proposed legislation signify for nonprofits nationally? Will other states follow suit? How can the smaller, local charities shoulder the burden of these added expenses?

This storm has been looming for some time, and many have warned that if charitable organizations don't start governing themselves, legislators will step in and make it far more arduous and costly to comply. And for those in Massachusetts, it might be too late.