Rantburg

Today's Front Page   View All of Thu 05/02/2024 View Wed 05/01/2024 View Tue 04/30/2024 View Mon 04/29/2024 View Sun 04/28/2024 View Sat 04/27/2024 View Fri 04/26/2024
2021-10-26 Government Corruption
School boards group that equated parental activism with 'domestic terrorism' owes IRS $20 million
*Snicker* There are real risks to getting the concentrated attention of PTA parents, who nowadays bring skills far more interesting than mere cookie baking to the table.
[JUSTTHENEWS] A national education group that implied some parental activism is tantamount to "domestic terrorism" owes nearly $20 million to the IRS
...the Internal Revenue Service; that office of the United States government that collects taxes and persecutes the regime's political enemies...
, according to tax forms reviewed by Just the News.

Most of that comes from "accrued pension liability," as disclosed by the National School Boards Association's 2017 and 2018 Form 990 filings. Unlike those two, the 2019 form — the most recently filed — does not include an itemized list under the federal income taxes subheading for "other liabilities."

Its liabilities have exceeded its assets by around two to one in recent years, and up to seven to one in the first half of the 2010s, according to rundowns by ProPublica.

Just the News couldn't find any IRS action seeking recovery of that money. The only federal legal action against NSBA in its own jurisdiction was an employee lawsuit alleging racial discrimination, which a judge dismissed about a year ago.

NSBA director of communications Jason Amos noted it's a tax-exempt nonprofit but didn't respond when told the liabilities are listed on its own federal tax forms.

Posted by Fred 2021-10-26 00:00|| || Front Page|| [17 views ]  Top
 File under: Mob Rule 

#1 Doesn't look like the right link to the article; it says nothing about the supposed IRS liability. That said, I'm thinking said liability is really what the union owes the pension fund in matching 401(k) contributions, not a tax it owes to the IRS. The latter kind of liability would generally be for unpaid payroll taxes like Al Sharpton did for a number of years.
Posted by Raj 2021-10-26 10:25||   2021-10-26 10:25|| Front Page Top

#2 Its liabilities have exceeded its assets by around two to one in recent years, and up to seven to one in the first half of the 2010s,

F--king grifters. Stealing from their own.

So typical of our little make-believe marxists ... cf Patrisse Cullors' theft of millions from the "BLM" griftergroup she launched.
Posted by Merrick Ferret 2021-10-26 10:43||   2021-10-26 10:43|| Front Page Top

#3 Seen at the bottom of the article link:

(CORRECTION: A previous version of this article incorrectly reported the NSBA's federal tax liability.)
Posted by trailing wife 2021-10-26 13:47||   2021-10-26 13:47|| Front Page Top

#4 Oops, no longer any words about taxes or pensions!
Posted by KBK 2021-10-26 20:27||   2021-10-26 20:27|| Front Page Top

02:26 DarthVader
02:19 Grom the Reflective
01:51 Besoeker
01:47 Besoeker
01:45 Grom the Reflective
01:43 Grom the Reflective
01:40 Grom the Reflective
01:37 Grom the Reflective
01:35 Besoeker
01:32 Grom the Reflective
01:26 DarthVader
01:17 Besoeker
01:12 Besoeker
00:38 Besoeker
00:33 Angealing+B.+Hayes4677
00:16 EMS Artifact
00:15 Raj









Paypal:
Google
Search WWW Search rantburg.com