Regulation Archives - The NonProfit Times

Category Archives: Regulation

NYAG Files Suit Sues Trump Family And Foundation

June 14, 2018       Andy Segedin       [post_view]       0

A lawsuit seeking $2.8 million in restitution plus additional penalties was filed against the Donald J. Trump Foundation and its directors by the New York Attorney General’s office today. The foundation’s directors refer to President Donald J. Trump and three of his children: Donald J. Trump, Jr., Ivanka Trump, and Eric Trump. The lawsuit also seeks to dissolve the foundation under special court supervision.

House Signs Off On Tax Bill That Hurts Charities

November 16, 2017       Andy Segedin       [post_view]       0

The House of Representatives passed the Tax Cuts and Jobs Act on Thursday by a 227 to 205 vote. The bill, roundly criticized by leaders in the nonprofit sector, marks a significant step in what has been an accelerated process for the most significant tax reform in more than three decades.