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US To Tighten Rule Regarding Nonprofits Paying Excessive Executive Compensation
US To Tighten Rule Regarding Nonprofits Paying Excessive Executive Compensation
Authored by Naveen Athrappully via The Epoch Times,
The Internal Revenue Service (IRS) and the Department of the Treasury issued a notice on Friday, announcing their plan to issue proposed regulation concerning taxation on high compensation paid by tax-exempt organizations to employees.
The notice relates to excessive compensation and excess parachute payments, the IRS said in a June 5 statement. Parachute payments are made to key employees when they are terminated or when the business undergoes a merger or acquisition. An excess...
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USPS Pauses Pension Contributions Amid Looming Cash Shortfall
USPS Pauses Pension Contributions Amid Looming Cash Shortfall
Authored by Bill Pan via The Epoch Times,
The U.S. Postal Service (USPS) has temporarily suspended its employer contributions to a government-wide pension plan after warning Congress that, without changes, it could run out of cash within the next year.
On Thursday, USPS told the Office of Personnel Management—the federal government’s human resource division—that it would pause its biweekly employer contributions to the Federal Employees Retirement System, or FERS.
The move is expected to conserve about $2.5 billion through Sept. 30, the end of the...
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Mar 12, 2026 / William L. Anderson
The Duke Lacrosse Case 20 Years Later: How Durham Law Enforcement Promoted a Criminal Conspiracy
The Duke Lacrosse Case would never have been a legal item had not the police and prosecutors of the case lied and broken the law on numerous occasions. Here is a small sampling of the lies they told.
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