Sector Level Bills Alive and Moving Through the Legislature We’re in the final stretch of the legislative session. Multiple bills that HANO is tracking have made it past the half-way mark. We will continue to monitor these and other bills that affect Hawaii’s nonprofit sector. SB 1130, SD 1 – Transportation UBIT The federal Tax…
by David L. Thompson Businesses and governments in Hawai‘i and across the country rely on charitable nonprofits to help build the communities we want and address critical needs of our fellow residents. These charitable organizations rely on steady funding, stable laws, and consistent court decisions to advance their missions and be the reliable partner that…
Learn how the new federal tax law–the Tax Cuts and Jobs Act–affects charitable nonprofits. The collection of resources listed below was compiled by the National Council of Nonprofits (NCON). Click here to access these resources on the NCON website Webinar Recording: “Now What: How the New Federal Tax Law Impacts Charitable Nonprofits” (National Council of Nonprofits)…
Nonprofits to Congress: Kill the Bill and Start Over The bill that passed out of the House and is being considered by the Senate will hurt the work of nonprofits and the people we all serve. It favors special interests and the wealthy over the needs of individuals and communities. It prioritizes the panacea of…
The 28th Hawaii State Legislative session adjourned May 5. What started out as a flurry of proposals, all vying for legislative attention, became a distilled set of appropriations by session end. The bills successfully passed with relevance to the nonprofit sector and for strengthening communities were appropriations for homeless services, ACs in schools, alternative energy…
The Internal Revenue Service advises taxpayers on its website to only give out their Social Security Numbers (SSN) when “absolutely necessary.” Yet the IRS has proposed a rule that would encourage nonprofits to ask donors to give out their SSNs and report them along with the amount of donations to the IRS. The proposed regulations…
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