May 15 Tax Day Awareness

May 15, 2019 is the day that many nonprofits around the country will be facing an increased tax burden resulting from tax reform. Due to changes in the unrelated business income tax, many 501(c)3s will have to pay a new 21% tax on employee transportation benefits, including employee parking. The National Council of Nonprofits is encouraging nonprofits to publicly share their concerns on social media platforms by posting the increase in taxes that will be directed away from mission-oriented programs. The Council encourages tagging messages with #NonProfitTaxDay, @NatlCouncilNPs and include tags to the congressional delegation. 

Post date: May 15, 2019
Topics: News from the National Council

Signup for the Nonprofit Notes newsletter

Stay up to date on nonprofit news, funding deadlines, job opportunities, and more with the Nonprofit Notes newsletter.

SubscribeArchive

Go to top