Charitable Groups Applaud Passage of Tax Extender Law
A coalition of associations and charitable nonprofits joined together last week in applauding Congress for passing theProtecting Americans from Tax Hikes (PATH) Act of 2015, a bill to turn a series of popular tax breaks into a permanent part of the tax code. The law was passed as a part of the budget deal between congressional Republicans and the White House.
...
In a joint statement shared by 12 different groups—including the National Council of Nonprofits, Independent Sector, the Council on Foundations, and the Girl Scouts of the USA—the law’s passage earned huge praise. The groups noted that the tax breaks—despite showing great success in increasing donations of money, food, and land—created much uncertainty for nonprofits over the years.