If your organization enjoys tax-exempt status, you might be interested in a U.S. Senate Committee on Finance staff report issued this week.
The report may be of interest to, for instance, hospitals, charities, labor unions, credit unions, and schools that require donors to donate before buying good seats to the game.
The recommendations in the report are just that: recommendations. They are simply, according to the report, “options that Finance Committee members may wish to consider as they work towards reforming our nation’s tax system.”
But recommendations sometime have a way of finding their way into law.
Here’s a …