ASAE will honor six associations with the 2019 Summit Award, which is the highest recognition under The Power of A Awards. The winners will be formally recognized at the 20th Anniversary Power of A-Summit Awards Dinner Oct. 2, 2019 at the National Building Museum in Washington, DC. The winners were selected by the Power of… Read more »

The task forces set up last month by Senate Finance Committee Chairman Chuck Grassley (R-IA) and ranking member Ron Wyden (D-OR) to study what to do about dozens of expired tax breaks are now hoping to wrap up their work by the end of July. Grassley had initially said the task forces would report their… Read more »

The White House is urging Congress to reach a budget deal and increase the debt ceiling before the August recess, based on recent projections that the Treasury Department is running out of funds faster than previously forecasted. Treasury Secretary Steven Mnuchin met with Republican leaders Wednesday and spoke with House Speaker Nancy Pelosi (D-CA) this… Read more »

Senate Finance ranking member Ron Wyden (D-OR) and Sen. Bob Casey (D-PA) sent a letter to IRS Commissioner Charles Rettig this week seeking more information about the agency’s decision last year to scrap donor disclosure rules for certain tax-exempt organizations. Among other things, Wyden and Casey want to know why the IRS’s Criminal Investigations office… Read more »

National Taxpayer Advocate Nina Olson will retire at the end of July after 18 years as its chief and said last week that she is forming a nonprofit outside of the government to continue to champion taxpayers’ rights. Olson spoke candidly June 21 in a tax forum hosted by New York University School of Professional… Read more »

The Supreme Court today declined to impose limits on partisan gerrymandering, a decision that could embolden lawmakers from both parties intent on redrawing congressional maps for political advantage. The 5-4 decision was written by Chief Justice John Roberts who, along with the court’s other conservatives, concluded the courts have no role in policing whether partisan… Read more »

Negotiations over a tax package that passed the House Ways and Means Committee last week are likely to draw out over the summer as lawmakers debate whether and how to offset the cost of various provisions. The Ways and Means Committee last week advanced four tax bills, including a measure to repeal the 21 percent… Read more »

Donations to charities dropped by 1.7 percent last year after inflation, according to a report released this week by Giving USA. While corporate and foundation donations increased overall, giving by individuals dropped 3.4 percent last year. The overall decrease is the first drop in charitable giving in the U.S. since the Great Recession, the report… Read more »

With no long-term budget agreement in sight, Trump administration officials this week pitched a short-term deal to keep government funding levels in place and extend the government’s borrowing authority for one year. Treasury Secretary Steven Mnuchin said the White House will not allow another government shutdown so a deal must be reached to fund the… Read more »