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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

AMERICANGREATNESS (Stu Cvrk) - Treasury Department Goes After Dark Money

On April 23, the US Treasury Department announced that the IRS plans to revise Form 990—the annual information return filed by tax-exempt organizations—to improve transparency […] Source

THENATIONALPULSE (Pulse Wires) - How the SPLC Indictment Will Change ‘Dark Money’ Operations Forever.

The U.S. Treasury Department has announced changes to Internal Revenue Service (IRS) reporting requirements for non-profits. The changes follow allegations that the Southern Poverty Law Center (SPLC) misused tax-exempt money to fund the leaders of extremist groups.

The U.S. Treasury Department is revising Internal Revenue Service (IRS ) reporting requirements for non-profits following allegations that the Southern Poverty Law Center (SPLC) gave millions to extremist groups. PULSE POINTS WHAT HAPPENED: The U.S. Treasury Department has announced changes to Internal Revenue Service (IRS) reporting requirements for nonprofits. The changes follow allegations that the Southern Poverty Law Center (SPLC) misused tax-exempt money to fund the leaders of extremist groups. DETAIL: On Thursday, the U.S. Treasury Department announced changes to IRS Form 990 reporting requirements. The changes are intended to increase the transparency of non-profits, particularly those claiming to combat extremism. The changes…Open