< 1 min read
January 8, 2016
After many complaints about a new IRS policy which would begin a trend of nonprofits collecting donors' Social Security numbers, the IRS has announced it will cancel the plan.
"A wave of complaints forced the IRS on Thursday to withdraw its controversial plan to have nonprofit charities report the Social Security numbers of donors who give just $250 in any given year.
"Under the proposed rule, the IRS would have created a voluntary system for nonprofits to collect and send the IRS personal donor information in their yearly report. The idea was to simplify the process for nonprofits – ranging from traditional charities to churches – and donors alike."--Mike Emanuel and Kelley Beaucar Vlahos, Foxnews.com