AMERICANALMANAC (Alex Tanzer) - Trump administration weighs forcing nonprofits to reveal convicted officials on IRS filings
The Trump administration is considering a new IRS requirement that would force nonprofits to disclose whether their top officials have been convicted of financial or terrorism-related crimes, a move supporters say is overdue and critics warn could be weaponized. The proposed change would add a criminal-conviction disclosure question to IRS Form 990, the annual tax […] The post Trump administration weighs forcing nonprofits to reveal convicted officials on IRS filings appeared first on American Almanac .
The Trump administration is considering a new IRS requirement that would force nonprofits to disclose whether their top officials have been convicted of financial or terrorism-related crimes, a move supporters say is overdue and critics warn could be weaponized. The proposed change would add a criminal-conviction disclosure question to IRS Form 990, the annual tax return that most tax-exempt organizations must file. Under the proposal, nonprofits would have to report convictions from the previous ten years for officials in leadership positions. The Treasury Department told CBS News it is exploring "a range of measures to strengthen accountability for nonprofit organizations," though the rule has not been finalized. The effort comes as…Open