New tax form requirement survives fierce kill attempts
- September 16, 2010 |
- tarallo
ASAE says the enacted mandate could mean reams more paperwork; U.S. Chamber in the fight to press ahead with repeal. Over the strong objections of many associations and nonprofits, the U.S. Senate Sept. 14 rejected an attempt to roll back a measure that would likely require some associations to file substantially more tax-related paperwork. Lobbyists representing a range of associations said they would continue to fight to rescind the new requirements, which are slated to take effect in 2012. The contested measure was tucked into the massive health care overhaul bill enacted into law in March. It requires all business and tax-exempt organizations, including associations,… Read More