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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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How much wealth do you need to thrive? Here’s the breakdown, according to new research.

Three in four Americans don’t have enough wealth to weather financial setbacks and achieve major life milestones, according to a recent report from The Aspen Institute, a nonprofit think tank. About 34.5 million U.S. households fall short of what the group terms its “essential wealth” benchmark, which The Aspen Institute defines as having six weeks of…

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Trump administration finalises overhaul of foreign journalists’ visas, ends ‘duration of status’ system – World

WASHINGTON: The Trump administration has finalised a sweeping overhaul of US visa rules for foreign journalists, ending the decades-old “duration of status” system and replacing it with fixed-term admissions that will require reporters to undergo periodic government review to continue working in the United States. The Department of Homeland Security (DHS) announced the changes in…

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