The state’s Department of Revenue recently issued a ruling saying that membership fees to join a professional association are taxable if members receive tangible personal property in exchange for their dues payment. ASAE and other associations are concerned about the precedent this tax would set.
Following a hearing on February 7, the IRS appears closer to removing the requirement that trade associations and other tax-exempt organizations provide the names and addresses of donors who contribute $5,000 or more on their Form 990 return.
In a letter to the White House, ASAE is asking the Trump administration to reconsider a proposed executive order that that would negatively affect the ability of many scientific societies to continue to publish scientific journals.
Associations anxiously await court decision on association health plans.
After Congress repealed a section of the 2017 tax law that required associations and other tax-exempt groups to pay UBIT on employee benefits such as parking and transportation, House Ways and Means Committee Democrats are asking the IRS for guidance on how organizations can claim refunds.
In a letter to the Justice and Commerce departments and the Federal Trade Commission, ASAE said the sale of the .org registry to a for-profit firm risks exposing nonprofit organizations to drastically higher costs to maintain their online presence.
After a two-year advocacy and grassroots campaign by ASAE and the UBIT Coalition, Congress repealed a section of the 2017 tax law that required associations and other tax-exempt organizations to pay UBIT on employee benefits such as parking and transportation.
A bipartisan bill introduced earlier this month would expand the use of 529 education savings accounts to cover the fees associated with professional certification and credentialing programs. ASAE and the Professional Certification Coalition say the bill would benefit both associations and the workforce.
The nonprofit sector is urging the Internet Society to stop the sale of the .org domain to Ethos Capital LLC, citing fears of significantly higher domain-name renewal fees in the future.
Congress is preparing to pass a temporary spending bill to keep the government running through December 20. That continuing resolution could be a vehicle for repealing a burdensome nonprofit benefits tax, say ASAE and the UBIT Coalition.