As IRS efforts targeting politically-conservative groups gained momentum, George Soros-funded liberal groups repeatedly called on the IRS to investigate conservative nonprofit organizations.
While the first reported instances of extra IRS scrutiny for conservative groups began in Cincinnati in March of 2010, the attacks began to pick up steam on a national level soon after Soros-funded groups began firing off letters to the IRS in October of that year – following the [...]
The White House and the nation’s most prominent charities are embroiled in a tense behind-the-scenes debate over President Obama’s push to scale back the nearly century-old tax deduction on donations that the charities say is crucial for their financial health.
In a series of recent meetings and calls, top White House aides have pressed nonprofit groups to line up behind the president’s plan for reducing the federal deficit and averting the [...]
The Capital Area Food Bank’s new distribution center opens on Tuesday. It cost $37 million to build and is the size of two football fields, with a teaching kitchen, warehouse space and 13 loading docks for grocery trucks.
The center is immense, but local relief officials say it is needed to combat a “growing hunger crisis” in the Washington region, one of the most affluent areas in the United States.
The food bank, the [...]
In Section 402 of the bill, they also plan to hold “summer enrichment programs,” or summer camps, “with a goal of increasing cybersecurity skills in students enrolled in kindergarten through grade 12.” The summer camps are “to be provided by nonprofit organizations” with the encouragement and support of the Director of the National Science Foundation. Some students would also be eligible to attend the summer camps at no cost.
The bill — currently [...]
If a church broadcasts the word of God on TV without closed captions, it risks incurring the wrath of the FCC.
Some 300 small- to medium-sized churches can expect letters from the commission within the next few days explaining why their closed captioning exemptions were lifted for TV shows like “Power in the Word” and “Producing Kingdom Citizens.”
The FCC has been mailing the letters for the past few days to churches from [...]
WASHINGTON (AP) — Thousands of U.S. companies that cashed in on President Barack Obama’s economic stimulus package owe the government millions in unpaid taxes, congressional investigators have found.
The General Accounting Office report is to be released Tuesday. It says at least 3,700 government contractors and nonprofit organizations that received more than $24 billion from the stimulus effort owed $757 million in back taxes as [...]
by Charles Hugh Smith from Of Two Minds
The Housing Bubble Broke the Middle Class
The bursting of the housing bubble wiped out half of the net worth of the Mortgaged Middle Class.
On the face of it, American households were not that affected by the bursting of the housing bubble. If we look at the Fed Flow of Funds report, the Balance Sheet of Households and Nonprofit Organizations, we find [...]
Hope they don’t all file because that would be a big jump.
Tens of thousands of people will lose their jobs within weeks unless Congress extends one of the more effective job-creating programs in the $787 billion stimulus act: a $1 billion New Deal-style program that directly paid the salaries of unemployed people so they could get jobs in government, at nonprofit organizations and at [...]