News

The Internal Revenue Service is stepping up its campaign against wealthy tax cheats, dispatching letters this week in more than 125,000 cases. What to know 📋 How to talk money 🤑 💸 to your ...
The letter explained that under current IRS rules, nonprofit hospitals that provide “benefits to a class of persons that is broad enough to benefit the community” may qualify for tax exemptions.
Senators ask IRS to launch probe of nonprofit hospitals' tax-exempt status. A group of four bipartisan senators, including Sen. Charles Grassley, sent a letter to tax commissioners over concerns ...
One barrier to public-interest advocacy is the widespread misconception that nonprofits are not allowed to lobby. The IRS makes it clear that this is not the case, stating that a “501(c)(3) ...
The 2024 letter to the IRS from Senators Grassley and Warren is consistent with recent legislative oversight efforts. The letter explained that under current IRS rules, nonprofit hospitals must ...