Today, a coalition letter was sent to President Trump and Secretary Mnuchin calling for an initiation of a rulemaking to protect the IRS from targeting nonprofit organizations based on their ideology. The coalition letter can be viewed here.
Current deficit reduction talks are reported to have “everything on the table” – all income sources and all outlays. The least agreement swirls around income tax revenues, both in the scope of taxation and the tax rates. Personal exemptions from federal tax application include items such as charitable donations, mortgage interest, and state and local […]
The September 17, 2009 Best’s Insurance News reports that three state insurance commissions will provide direct conversations with the insurance industry in return for a $1,000 donation.