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IRS proposal would force nonprofits to disclose fraud or terrorism convictions of leaders

Washington — The Trump administration is weighing a proposal to require nonprofits to disclose in their annual tax filings whether their top officials have been convicted of certain financial or terrorism-related crimes, sources with direct knowledge of the matter told CBS News. The IRS disclosure requirement would be added to the Form 990, the annual…

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Republicans spent years targeting progressive dark money. That could now boomerang on Trump.

During President Trump’s second term, Republicans have escalated their attacks on hard-to-trace fundraising methods used by left-leaning groups. Now, those efforts could force more disclosure for a project linked to Mr. Trump himself: Freedom 250, the entity behind America’s 250th birthday celebration. When the Trump administration set out to plan events for America’s 250th anniversary,…

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