New tax levied in GOP overhaul draws laments from churches, other nonprofits

  |  Source: Dallas Morning News

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WASHINGTON — Churches and other nonprofit groups are struggling to make sense of a new levy imposed on their traditionally tax-exempt operations by the sweeping tax overhaul that Republicans in Congress passed last year.

Those outfits in Texas and beyond now must pay a 21 percent tax on some fringe benefits, such as parking or mass transit passes, that they provide to their employees.

That change has provoked outrage and confusion among many nonprofit entities that say the little-noticed provision is already becoming a financial and administrative burden, one that could have an impact on their ability to fulfill key missions.

Continue reading this article in the Dallas Morning News.

 


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