Sen. Ron Wyden (D-OR), ranking member on the Senate Finance Committee, reiterated yesterday that he is putting a hold on all Treasury nominees pending before the committee. Senate Finance Committee Chairman Orrin Hatch (R-UT) is still trying to confirm Chuck Rettig to serve as the next IRS commissioner and a number of other nominees for… Read more »

The IRS on Aug. 21 issued interim guidance on the provision in the new tax law that requires separate computation of unrelated business income tax (UBIT) for tax-exempt organizations with more than one unrelated trade or business. ASAE and the UBIT Coalition have been asking for guidance from Treasury for months on this provision, along… Read more »

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ASAE’s 2018 Annual Meeting in Chicago is upon us! We hope if you’re planning to attend you’ll visit our Public Policy kiosk at the Engagement Center on Level 3 of McCormick Place West. Here you can learn more about the issues ASAE is tracking, including a new 21 percent tax on employer-provided transportation and parking… Read more »

Attendees of ASAE’s Annual Meeting this month in Chicago will have a chance to give back to the host city by donating food to the Greater Chicago Food Depository (GCFD). The Greater Chicago Food Depository is Chicago’s food bank, collecting and distributing food where it’s most needed throughout the Chicagoland area. Last year alone, the… Read more »

The Senate is back to work today after an abridged recess, with plans to keep the appropriations process on track and consider some more nominations. The House will not return to session until Sept. 4, but Senate Majority Leader Mitch McConnell (R-KY) wants to hammer out spending bills for Defense and the Departments of Labor… Read more »

Senate Democrats continue to seek more information about the Treasury Department’s recent decision to revoke a long-standing requirement that certain tax-exempt organizations report the names and addresses of donors to the Internal Revenue Service (IRS). Last week, Sen. Ron Wyden (D-OR), ranking member of the Senate Finance Committee, sent a letter to Treasury Secretary Steven… Read more »

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Attendees of ASAE’s Annual Meeting this month in Chicago will have a chance to give back to the host city by donating food to the Greater Chicago Food Depository (GCFD). The Greater Chicago Food Depository is Chicago’s food bank, collecting and distributing food where it’s most needed throughout the Chicagoland area. Last year alone, the… Read more »

The Senate last week passed a package of four appropriations bills that included $11.3 billion for the IRS but did not include a provision in the House-passed version that would weaken enforcement of the Johnson Amendment. The Johnson Amendment, a decades-old prohibition on churches and charities getting involved in political campaigns, has been a target… Read more »