Through much of the past twelve months, the IRS and most publications reaching the nonprofit world, continually reminded nonprofits about the implementation of new filing requirements for 990 forms. Now, in one of the first publicly disclosed cases, the IRS has fined the … [Read more...] about IRS Penalizes Nonprofit $170k. for Not Filing 990’s
Jewish Philanthropy. Chronicled.
According to Bloomberg, "The Senate passed an $858 billion tax-cut plan Dec. 15 that would keep existing income tax rates for all earners through 2012. The House voted 277-148 for final passage even though many House Democrats wanted to limit the tax cut extension to the first … [Read more...] about Tax Bill Changes May Effect Year-end Giving
According to Bloomberg, Picower’s estate will pay $5 billion to Irving Picard, the trustee overseeing the liquidation of Madoff’s firm, and $2.2 billion to U.S. authorities. The $7.2 billion represents the entire amount that Picard sought in a May 2009 lawsuit claiming Picower … [Read more...] about Picower Estate to Pay $7.2 billion in Madoff Settlement
A film of great uncertainty by Robin Jeffrey A smiling bride, an ecstatic groom, jubilant guests, vibrant colors, joyous Jewish music: the start of a future of uncertainty? Next Year in Bombay is a film of questions as co-director and producer Jonas Pariente explains. … [Read more...] about Is There a Next Year in Bombay?
by Lynn Schusterman It is with both great respect and grave concern that I write today, as the six-month moratorium on the conversion legislation proposed by MK David Rotem draws to a close. I was among the Jews in North America who welcomed the call for a freeze on this … [Read more...] about An Open Letter About the Conversion Bill