Ministers who regret opting out of Social Security may soon get to reverse that decision. In a move lauded by evangelical leaders, U.S. legislators have reintroduced the bipartisan Clergy Act. The act offers a way out for clergy experiencing buyer’s remorse after taking advantage of a special exemption in the tax code.
Read MoreFrom a donor’s perspective, it’s worth asking: Could a nonprofit’s dissolution introduce the temptation for its leaders to misappropriate assets or commit fraud? While documented cases of misconduct during dissolution are relatively rare, understanding the potential risks and implementing preventive measures are critical for maintaining public trust.
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