New Orleans The IRS announced that it is proposing clearer rules to regulate the “social welfare” practices of C4 tax exempt nonprofits. I should start with a disclaimer. I’ve never operated a c4 organization, though I recognize the fact that they have recently become the rage, largely among lawyers and CPAs I would argue, but …
Category: Citizen Wealth
How About a Better Deal for Philippines Disaster Relief from US Banks & MTOs?
New Orleans The typhoon that devastated large parts of the Philippines, in a Hurricane Katrina like disaster many are seeing as part of what we can expect regularly in the future from climate change, is inspiring protests by poor countries at the UN Climate Change Conference and some corporate social responsibility, but, sadly nowhere near enough, …
Suspend Remittance Charges for Philippines Typhoon Recovery
New Orleans There was a front page story in the Wall Street Journal about the fact that more and more of the remittance business from banks and money transfer organizations like Western Union and MoneyGram is between countries in Latin America rather than from US and Canadian immigrants to Latin America. Western Union in 10 …