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Calvin Marks
Jul 26, 2018

The Treasury Department has issued new guidance which eliminates the requirement to disclose the names and addresses of donors for a large swath of exempt organizations. Revenue Procedure 2018-38 provides that organizations exempt from tax under Section 501(a), other than 501(c)(3) organizations, are no longer required to disclose the names and addresses of contributors on Schedule B of Form 990 or Form 990-EZ.

Eric Owens
Jul 18, 2018

 

Court Ruling

Last week, the U.S. Supreme Court overturned a 1992 precedent prohibiting states from requiring businesses to pay sales tax unless they had a tangible physical presence within the state. That case, Quill v. North Dakota (U.S., No. 91-194, 5/26/1992), was decided long before electronic commerce came into being.

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