Take our word for it – never trust the IRS to do the right thing. The same politicized agency that “accidentally” revealed the confidential taxpayer information of donors to activists who would later harass them now wants you to share your Social Security number with every charitable organization that you financially support. Under the proposed “
Substantiation Requirement for Certain Contributions” regulation, the Obama IRS would deny your tax deduction if you gave more than $250/year and didn’t cough up your SSN.
Look, it’s hard enough for charities to find donors in uncertain economic times. It’s even harder to keep administrative costs low to ensure that the maximum portion of each dollar given can go toward mission advancement. It would essentially be a deal-breaker if faith institutions, and other 501(c)(3) nonprofits like TTV, had to invest ungodly sums into security systems that would still be vulnerable to breaches and identity theft. Don’t believe us? Ask Sony, Target and the U.S. Office of Personnel Management how it worked out for them recently.
The period for public comment on this regulation will remain open until Wednesday, December 16, at 11:59pm ET.
Click here to see other comments already registered, and let your concerns be known. Once you’ve done that, demand that your friends and family do the same. Remember, we’re talking about the IRS here.
