Tag: nonprofits

Congress may end tax breaks for gifts to nonprofits with political agenda

[ad_1] new York Times informed of Chicago businessman Barre Seid donated his entire business, tax-exempt, to the Marble Freedom Trust, a tax-exempt advocacy organization run by conservative activist Leonard Leo. A few months later, the trust sold the stock for more than $1.6 billion. And now it can use the tax savings to help fuel […]

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