Proposed IRS Gift Substantiation Rule

The IRS is accepting comments on a new proposed regulation that creates an “option” for charities to report donor information directly to the IRS for certain contributions. We agree with the National Council of Nonprofits that this offers little advantage to charities except perhaps the nightmare of dealing with donor personal information, including SSN’s – read more and join us in urging rejection of this proposed rule. For questions, contact Policy Director, Henry Bogdan.