Tax Reform

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Tax Bill Likely to Soften Rule Barring Politicking by Nonprofits

Most charities and religious leaders oppose scrapping the Johnson Amendment, according to multiple polls, saying it would plunge such organizations into partisan politics.

Tags: Johnson Amendment, Nonpartisanship, Tax Reform
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A very unhappy 100th birthday for the charitable deduction

This month marks the 100th birthday of the federal tax deduction for charitable giving. That anniversary should be a day of celebration for all that this incentive to give has done for the American people.

Posted In: Opinion
Tags: Charitable Giving Incentive, Charitable Deduction, Tax Reform
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Tax reforms may pose significant hit to charitable giving

The National Council of Nonprofits responded with a statement calling for Congress and charitable nonprofits to “quickly identify relevant data and come to a consensus on how best to improve the universal charitable deduction so that all American...

Tags: Tax Reform, Charitable Giving Incentives, Charitable Deduction
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Charities could be big losers under tax reform. One NC rep is trying to fix that.

“The universal deduction is really an essential part of tax reform,” said David Heinen, the vice president for public policy and advocacy for the North Carolina Center for Nonprofits.

Tags: Charitable Deduction, Charitable Giving Incentives, Tax Reform, North Carolina
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National Council of Nonprofits Statement on the Universal Charitable Giving Act (H.R. 3988)

Washington, DC - In response to the introduction by Representative Mark Walker (R-NC) of the Universal Charitable Giving Act (H.R.

Posted In: Press Releases
Tags: Tax Reform, Charitable Deduction, Universal Deduction, Charitable Giving Incentive
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Key conservative Republican eyes bigger tax break for charity

He said his bill “may have a good chance of being included" in a broader tax-reform package.

David Thompson, vice president of public policy at the National Council of Nonprofits, called the effort “a very happy surprise.”

Tags: Charitable Giving Incentives, Tax Reform, Charitable Deduction
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National Council of Nonprofits Statement on Tax Reform Framework’s Potential Consequences for the Work of Nonprofits

Washington, DC - Tim Delaney, President and CEO of the National Council of Nonprofits issued the following statement on the tax reform framework released today:

Posted In: Press Releases
Tags: Tax Reform, Charitable Giving Incentives, Universal Deduction, Estate Tax
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Nonprofits Fear Sting of Tax Reform

Lobbyists and Capitol Hill staffers have privately said for weeks that a full-fledged tax revamp is unlikely, indicating that lawmakers may end up settling for a mix of temporary rate cuts and permanent provisions.

Tags: Tax Reform, Johnson Amendment, Nonpartisanship
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Charities Move to Offset Effects of GOP Tax Bill

Congress included a universal deduction in a 1981 tax bill, dubbed the “Christmas-tree bill” because of the many tax-cutting ornaments added by lawmakers, according to a 2016 report by the Tax Policy Center.

Tags: Tax Reform, Universal Deduction, Charitable Giving Incentive
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How tax reform could hit charitable giving

The double whammy of doubling the standard deduction while lowering the top rate to 35% from 39.6% could reduce giving by between $5 billion and $13 billion a year, or up to 4.6%, according to a recent study by the Lilly Family School of...

Tags: Charitable Giving Incentive, Tax Reform, Universal Deduction

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