
Editorial: A boost for local nonprofits
A website post at the National Council of Nonprofits concurred, saying, “Representative...
A website post at the National Council of Nonprofits concurred, saying, “Representative...
Now, according to the National Council of Nonprofits, the House GOP's proposed tax plan would discourage people from giving.
The Council on Foundations and the National Council of Nonprofits stand united in opposing H.R.
Both the U.S. House and Senate are proposing tax overhauls, and both plans include the doubling of the standard deduction – but there is a tradeoff.
Individuals can also choose to itemize their deductions, such as donations to nonprofits. But since the tax bill doubles the standard deduction, it is unlikely the total amount will result in less income tax than the standard.
"Many of these groups that were hard-hit that didn’t receive funding — many of them still haven’t received funding,” said Anita Banerji, director of public policy for Forefront, a statewide membership association for nonprofits and foundations....
Watch this story at http://denver.cbslocal.com/video/category/spoken-word-kcnctv/3760149-pro...
But Rick Cohen, spokesman for the National Council of Nonprofits, which represents charities, said Republican claims that the bill left the charitable deduction unchanged were misleading, given the obvious knock-on effects of other reforms around...
Tim Delaney of the National Council of Nonprofits said this was a particularly worrisome development given the possibility that Congress may also cut social spending, placing a higher burden on charities just as donations lose some of their...
I don’t think anyone is recommending we oppose the increase of the standard deduction.