Nonprofit Opposes Charitable Donation Substantiation Regs
Nonprofit Opposes Charitable Donation Substantiation Regs
- AuthorsMenzer, Amy
- Institutional AuthorsDundalk Renaissance Corporation
- Cross-Reference
- Code Sections
- Subject Area/Tax Topics
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2015-26713
- Tax Analysts Electronic Citation2015 TNT 235-19
PUBLIC SUBMISSION
Docket: IRS-2015-0049
Substantiation Requirement for Certain Contributions (REG-138344-13)
Comment On: IRS-2015-0049-0001
Substantiation Requirement for Certain Contributions
Document: IRS-2015-0049-0150
Substantiation Requirement for Certain Contributions (REG-138344-13)
Name: Amy Menzer
Address:
P.O. Box 9276
Dundalk, MD, 21222
Phone: 410-282-0261
Fax: 410-282-9010
Organization: Dundalk Renaissance Corporation (DRC)
Our small non-profit organization (budget less than $500,000, staff of 5.5) is opposed to this new regulation because of the undue burden it will place on organizations such as ours to report and keep secure taxpayers' personal social security numbers. We simply do not want to know that information or be held responsible for a computer hack of this information.
We also believe this rule will discourage giving by donors already wary from many fraudulent schemes that take advantage of people via phone calls, direct mail, and the internet. Donors are also shoppers who have experienced an increase in hacks and identity thefts of their information from banks, large stores, etc.
We have many older adults in our community who fall prey to scammers, and like the IRS, we encourage them to never give out their social security number. This rule will be confusing and counterproductive for them and for us.
It simply makes now sense to subject nonprofits with limited capacity (we have no it department) to these rules, nor does it make sense to subject taxpayers to greater exposure and risk.
Dundalk Renaissance Corporation
- AuthorsMenzer, Amy
- Institutional AuthorsDundalk Renaissance Corporation
- Cross-Reference
- Code Sections
- Subject Area/Tax Topics
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2015-26713
- Tax Analysts Electronic Citation2015 TNT 235-19