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Donor Reporting Guidance Debate Continues in Senate Finance

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Recent IRS guidance that decreases certain donor disclosure requirements was of particular focus during a July 26 Senate Finance Committee (SFC) hearing. The SFC nomination hearing was scheduled to consider President Trump’s nominees for top positions at Treasury and the IRS. However, the recent guidance, Rev. Proc. 2018-38, quickly became the focal point. Donor Disclosure The now much-debated Rev. Proc. […]

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