Obama to Renew Call to Limit Charitable Deduction
The White House estimates that the new limit would generate $321-billion in additional revenue through 2021.
By Doug Donovan
Contributor
Money Woes Plague Charities Struggling to Meet Demand
Even amid signs of economic recovery, a new survey by the Nonprofit Finance Fund paints a gloomy picture for many organizations.
By Doug Donovan
Contributor
Influential Republican Seeks to Protect Charitable Deductions
Rep. David Reichert, who is examining charity issues for the Ways and Means Committee as lawmakers consider a tax overhaul, says he doesn’t want to impede giving.
By Doug Donovan
Contributor
House Bill Would Improve Tax Benefit for Volunteers’ Mileage
Volunteers would be treated the same as people who drive as part of their paid jobs at a business.
By Doug Donovan
Contributor
Senate Democrats Call for Limits on Charitable Deductions
Nonprofits fear that ideas to change tax breaks could decrease giving.
By Doug Donovan
Contributor
Nonprofits and Marketers Plan Protest of Watchdog Group
The Direct Marketing Association is fighting Charity Navigator’s decision to downgrade groups it says use a longstanding accounting practice to hide high fundraising costs.
By Doug Donovan
Contributor
IRS Makes Changes on Charity Tax Forms
Charities must now report the number of hours workers have put in with affiliated groups, not just the organization filling out the form.
By Doug Donovan
Contributor
Obama May Seek Cap on Charity Deductions—Again
Jacob Lew, the new Treasury secretary, said during his Senate confirmation that the White House would still like to limit the write-offs affluent people get.
By Doug Donovan
Contributor
IRS to Speed Up Public Disclosure of Groups That Lost Charity Status
The tax agency previously took six months to post the names of nonprofits that had failed to file proper paperwork for three years. Now the names will be released within 30 days.
By Doug Donovan
Contributor
Nonprofits Urged to Watch Washington Budget Debate
As charity coalitions get the word out about what’s happening in Washington, some experts fear organizations aren’t prepared for potential trouble as Congress and the White House fail to act.
By Doug Donovan
Contributor