Besides the criminal-conviction disclosure, what other rule changes did the Treasury Department preview in April?
The Treasury Department previewed proposed rules aimed at detecting fraud and abuse that would impose additional reporting requirements around "fiscal sponsorship" arrangements, which are structures where an established tax-exempt organization funds charitable projects operated by other groups.
Q&A ID b0dee1a8-ae9e-44c7-b2d6-7e64289e0d89
What is the purpose of the joint FBI and IRS Criminal Investigation command post mentioned in the article?
The joint command post was established following a White House directive for the IRS to refer organizations suspected of financing domestic terrorism to the Justice Department. Its purpose is to examine possible links between tax-exempt groups and terrorism as part of a push to treat nonprofit fraud and terrorism financing as enforcement priorities.
Q&A ID 73671d63-705d-448e-ad05-88b74e73b4a5
What specific types of crimes would trigger the new disclosure requirement for nonprofit officials?
The proposed rule focuses on convictions related to financial offenses and terrorism-related crimes.
Q&A ID 5b5f685d-b54c-48c7-bab5-938d5789cd24
What specific change is the Trump administration considering regarding IRS Form 990 for nonprofits?
The administration is considering a proposal to add a criminal-conviction disclosure question to IRS Form 990, which is the annual tax return filed by most tax-exempt organizations. This would require nonprofits to disclose whether their top officials have been convicted of financial or terrorism-related crimes.
Q&A ID 30f357ab-9691-45f1-8f5b-6e9c56251086