Al Sharpton agrees with charges that his nonprofit, the National Action Network, owes outstanding taxes to the IRS and the State of New York. He also agrees that he owes personal taxes to the IRS and the State of New York. He doesn’t, however, agree that he owes as much as alleged, charging that the story was intended to call attention to an old story instead of the one he thinks folks should be talking about: Ferguson.
With football season in full swing, members of Congress are taking another hit at the NFL’s tax exempt status: a second bill has been introduced which aims to eliminating tax exempt status unless the Washington Redskins yank their name. Does it have enough support to make a difference?
Looking for a way to show your support for our military on Veterans Day? Here are 14 ways to show your thanks to our vets – and some of them come with a nice tax benefit to boot.
Nina Pham, the nurse who contracted Ebola while taking care of Thomas Eric Duncan, has been declared free of the virus. The fundraising campaign for her has now wrapped and donors are encouraged to put their dollars towards Ebola charities. Exercise care, though: Ebola related scams are on the rise.
While most taxpayers – including for profit corporations – have already filed their tax return (or extension) for the year, it’s still filing season for many tax-exempt organizations. There are just a few days left for those organizations to comply: for most tax-exempt organizations, the key date is May 15. May 15 is the filing deadline for calendar year tax-exempt organizations (most tax-exempt organizations are on a regular calendar tax year). Those tax-exempt organizations which observe a different tax year end have until the 15th day of the fifth month following the close of their alternate tax year to file. …
Crazy about Pharrell Williams’ Grammy hat? Now you can own it – and score a charitable deduction. Here’s how.
It’s the twelfth and final day of our 12 Days of Charitable Giving. Our featured charity, To Love A Canine, is an organization that rescues dogs from kill shelters and works to put them in loving, forever homes.
It’s the eleventh day of our 12 Days of Charitable Giving. Our featured charity, Committee to Protect Journalists, is an independent, nonprofit organization that promotes press freedom worldwide.
It’s the tenth day of our 12 Days of Charitable Giving. Our featured charity, Sepsis Alliance, works to prevent sepsis – the leading cause of death in American. Remarkably, seven out of ten Americans have never even heard of sepsis.
It’s the ninth day of our 12 Days of Charitable Giving. Our featured charity, Ride for Reading, delivers books to children in underserved communities… by bicycle!