The Internal Revenue Service withdrew proposed regulations Thursday giving nonprofits the option to report the names and Social Security numbers of donors giving $250 or more, instead of providing contributors with written acknowledgements of gifts, citing strong opposition over privacy concerns. See Law360 for more.
Have a Tax Problem?
Contact the Tax Lawyers
at Marini & Associates, P.A.
for a FREE Tax Consultation
or Toll Free at 888-8TaxAid (888 882-9243).