Stacey Abrams’s New Georgia Project faces threat to tax-exempt status after $300,000 fine
House Ways and Means Committee Chairman Jason Smith (R-MO) wrote a letter to the IRS urging the agency to revoke the ...
Stacey Abrams-founded nonprofit faces crackdown threat from House GOP's top tax writer
A top House Republican chairman wants the IRS to revoke the tax-exempt status from a group founded by Stacey Abrams.
Muni’s Tax-Exempt Status Could Be at Risk. What it Means for Investors.
Uncertainty has dented the municipal-bond market after a move to strip munis of their tax-exempt status was proposed by the ...
IRS Investigates New Georgia Project’s Tax-Exempt Status Amid Controversy
Smith's formal letter to the IRS highlights the pressing need for scrutiny regarding the New Georgia Project’s financial practices. In his correspondence, he stated, "I request that you use your ...
JD Supra1d
Texas Sales and Use Tax for Exempt Entities – Part 1
I’ve previously posted about various Texas sales and use tax rules – general rules, exceptions, and exemptions applied to ...
The New Georgia Project Under Scrutiny: The Threat to Its Tax-Exempt Status
In recent developments, the New Georgia Project, a nonprofit group founded by Stacey Abrams, is facing significant challenges regarding its tax-exempt status. This scrutiny arises following a $300,000 ...
The New York Sun13h
Tennessee Lawmakers Introduce Bill To Hold Charities Accountable for Crimes of Illegal Immigrants They Shelter
A sponsor of the bill, state Representative Rusty Grills, says the bill is supposed to ‘deter criminal activity.’ ...
What is the Unification Church and why did a Japanese court order it dissolved?
A controversial South Korean church with powerful political connections faces dissolution in Japan after a Tokyo court issued ...
Are Classic Cars Exempt From Taxes In The US? Here's What You Need To Know
What, exactly, is a classic car? Is there just one kind? And what does a "classic car" designation mean for its tax status?
Taxpayer-funded organizations in Baltimore face uncertainty amid management breakup
An influential Baltimore non-profit that received millions in local taxpayer funds plans to end its management services for ...
Nonprofit, Not-for Profit, and For-Profit Organizations Explained
Nonprofit, not-for-profit, and for-profit organizational structures have different implications for your taxes, corporate ...
Washington Examiner1d
Stacey Abrams’s New Georgia Project faces threat to tax-exempt status after $300,000 fine
House Ways and Means Committee Chairman Jason Smith (R-MO) wrote a letter to the IRS urging the agency to revoke the tax-exempt status of a nonprofit group founded by Stacey Abrams after it was ...