Where are the tax breaks?

Where are the tax breaks?

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But as of now, the most likely variations of a deal wouldn’t even look to have a tax title, leaving a variety of avenues for tax relief out in the cold.

“Nonprofits need to see that provision extended into 2021 and beyond,” Rick Cohen of the National Council of Nonprofits said about allowing people who use the standard deduction to also write off charitable contributions.

The group, along with lots of business interests, is also pushing to expand the employee retention tax credit. “This recovery isn’t going to be done on Dec. 31 of this year and demand for nonprofit services continues to increase,” Cohen said.

Source Name: 
Politico
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