Tax exemptions
US Representative Gregory Steube (R-Fl) and Senator Marco Rubio (R-Fl) have filed the Safeguarding Charity Act to protect tax-exempt organizations from burdensome regulations. The act was spurred by two recent Federal Court opinions in Maryland and California defining tax-exempt, i.e., 501(c)(3), entities, as receiving federal financial assistance under Title IX. Such definition of 501(c)(3) institutions, […]
