Home » In Philanthropy » IRS Withdraws Controversial Rule after Backlash

IRS Withdraws Controversial Rule after Backlash

Post date: 
January 8th, 2016
Article Type: 
External News Article
Article Topic: 
Nonprofits

The Internal Revenue Service (IRS) backed down from a controversial rule that would have pressured nonprofits to collect the Social Security numbers of their donors. The backlash persuaded the IRS to withdraw the proposed rule after it received nearly 38,000 comments, including a letter signed by 215 charitable organizations that warned they cannot possibly safeguard the Social Security numbers of their donors. http://thehill.com/regulation/finance/265039-irs-backs-off-charitable-gi...

Link to article: 
http://thehill.com/regulation/finance/265039-irs-backs-off-charitable-giving-rules-amid-backlash

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