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Religion & Law

: Constitutionally Correct

One-Fourth of Nonprofits Are to Lose Tax Breaks

By ADF Alliance Alert

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NY Times: "As many as 400,000 nonprofit organizations are weeks away from a doomsday. At midnight on May 15, an estimated one-fifth to one-quarter of some 1.6 million charities, trade associations and membership groups will lose their tax exemptions, thanks to a provision buried in a 2006 federal bill aimed at pension reform . . . "

Full post as published by Constitutionally Correct on April 27, 2010 (boomark / email).

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