- March 2011
- New Tax Deal Lowers Estate Tax and Extends IRA Charity Break
- Democrats Turn Back Republican Health Care Repeal Amendment
- House & Senate Committees Hold Hearings on Tax Reform
- Obama's Budget Plan Calls for Cut in Charitable Deductions
- Republicans Propose Big Federal Budget cuts That Impact Non Profits
- Many Nonprofits Face Lawsuits over Madoff's Fraud
- Senator's Investigation into Ministries Leads to Tax Review
- Officials Say Oregon Charity Shifted Millions to Iran
- Budget-Strapped Cities Charge Nonprofits New Fees
- Nonprofits in CA Face More Fiscal Strain
- Virginia A.G. Says No State Funds Can Legally Go To Charities
- NV Court Rules Donor-Advised Funds Can Ignore Donor Advice
- CT University Fights to Preserve Donor List Confidentiality
- OR Sues Veterans Charities Accused of Misusing Funds
- The IRS Steps Up Scrutiny of Nonprofits
- IRS Investigates CA Hospital's Charity's Nonprofit Status
- Automatic Revocations Will Reshape Nonprofits Beyond 2011
- Postal Rates to Increase in April 2011
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Some Postal Rates to Increase in April, 2011.
Postal rate will go up in April, but the cost of sending the basic first class letter will remain the same. The Postal Service said that most rates will go up on April 17th under a formula that allows the agency to increase prices within the rate of inflation.
The post office said the 44-cent price of first-class stamp will remain unchanged, but heavier letters will cost more. The basic rate is for the first ounce, but the price for each extra ounce will rise from 17 cents to 20 cents.
Under the law, the post office can raise rates as long as it doesn’t exceed inflation, which would permit an increase of 1.7 percent averaged over all mail. The Postal Service lost $8.5 billion last year despite deep cuts of more than 100,000 jobs and other reductions in recent years.
In addition to the 3-cent boost for additional ounces of first-class mail the new rates are as follows:
- Post cards will rise from 28 to 29 cents
- Letters to Canada or Mexico increase to 80 cents
- Express Mail and Priority Mail prices are not affected
- Standard non profit rates will increase very slightly, going from 17.2 to 17.4 cents for the basic rate.
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