Skip to content

Nonprofit Connect Blog

On January 22, the IRS issued guidance that will help nonprofits quickly get back taxes paid on the now-repealed tax on nonprofit transportation benefits. In addition, find updates on proposed improvements to federal rules governing grants, an update on the proposed sale of the .org domain, and a reminder that the new Overtime Rule is in effect.

The tax on nonprofit transportation benefits has been retroactively repealed. Last week, bipartisan legislation that repeals the tax was passed by Congress, and the President signed the bill into effect Friday night. The December 2017 tax law imposed an unrelated business income tax (UBIT) of 21 percent on the expenses that nonprofits incur for providing employee benefits like bus passes and employee parking.

On Tuesday, September 24, the Department of Labor released their Final Rule regarding overtime compensation related to the Fair Labor Standards Act.

Last week, the National Council of Nonprofits released its new impact report and interactive microsite, Nonprofit Impact Matters. This new report highlights the work of America’s 1.3 million charitable nonprofits and examines their impact on the people and communities they serve.

The Department of Labor recently issued a rule proposal that would expand religious exemptions for all federal contractors, directly repealing current anti-discrimination provisions.

Last week, Nonprofit Connect's Project Manager Branden Haralson attended The National Council of Nonprofits’ Nonprofit Lobby Day in D.C. and advocated to Congress on behalf of the 8,997 registered 501(c)3 organizations in the Kansas City region. Read his takeaways and learn about the issues discussed.

The comment period for the DOL proposed changes to overtime regulations closes May 21, and Nonprofit Connect summarizes the Kansas City Mayoral Forum that we co-hosted on May 11.

Congress has recently introduced legislation that, if passed, If passed, could repeal the UBIT tax for nonprofits across the nation before the tax filing deadline of April 15.

Last Thursday, the U.S. Department of Labor released proposed changes to the overtime salary threshold rule, which falls under the jurisdiction of the Fair Labor Standards Act.