
New Tax Policies Threaten Charities, Report Says
Tax law changes adopted in the last couple of years are threatening the work of charitable organizations, according to a report from a prominent charity advocacy group.
Tax law changes adopted in the last couple of years are threatening the work of charitable organizations, according to a report from a prominent charity advocacy group.
“The end-of-year tax bill is on everyone’s list of ‘must-pass’ legislation because Congress can do what it wants,” said David Thompson, vice president, public policy, for the National Council of Nonprofits.
President Obama’s executive actions to end the threat of deportation for millions of individuals in the country illegally has added a major complication to plans by Congress to fund the...
A bill passed by the House, the "American Gives More Act," would make the charitable tax provisions permanent and give people until April 15 to claim a tax deduction on charitable gifts made the previous year.