Comments on the Tax Reform Act of 2014
The Charitable Giving Coalition, representing a broad cross-section of nonprofit organizations across the country, applauds the tireless work of Chairman Camp and his staff. We appreciate the Chairman’s recognition of the importance of preserving a charitable deduction, signaling that this is a unique giving incentive that encourages generous Americans to support charitable causes. However, we […]
House Tax Plan Would Limit Charitable Deduction
By Alex Daniels Nonprofit advocates slammed a plan offered Wednesday by the chief tax architect of the House that would sharply limit charity tax breaks for people at all income levels. Under the plan, people would be allowed to deduct only the amount above 2 percent of income they give to charity. That is a […]
Charitable Deduction Probably Safe for 2014, Say Experts
By Alex Daniels Nonprofit experts are confident the charitable tax deduction will emerge unscathed from the current session of Congress, but they are less certain how lawmakers will deal with several tax breaks for charities that expired at the end of 2013. President Obama has long pressed to limit the tax savings wealthy people can […]
Government shutdown didn’t stop charitable giving
By Meg Mirshak Despite the government screeching to a halt this fall, many federal workers and contractors didn’t stop giving to area charitable campaigns. Worries that the 16-day federal government shutdown would threaten donations to the annual United Way of the CSRA campaign were unwarranted, said Rina Powell, the senior director of resource development for […]
Lawmakers Get Earful On Protecting Charitable Deduction
By Paul Clolery Two United States senators have drafted a letter to their leadership to save the charitable deduction at its current levels. The letter was unveiled today in Washington, D.C., during “Protect Giving Day.” The bi-partisan support of Sens. John Thune (R-S.D.) and Ron Wyden (D-Ore.), both members of the Senate Finance Committee that […]
Protect Giving Day lobbyist hit Capitol Hill
By Kay Bell Despite the dysfunction on Capitol Hill some things never change. Today hundreds of lobbyists are hitting Representatives’ and Senators’ offices. This group, however, isn’t of the typical Gucci Gulch variety. The folks looking for favorable legislation are from nonprofits and charitable organizations.
Charities to lobby Congress to preserve tax deductions
By Ronald D. White Representatives of more than 200 charitable organizations plan to go door to door Wednesday on Capitol Hill to convince members of Congress that it would be a mistake to eliminate or reduce tax deductions for charitable donations. “The Congress is desperate to find some revenue,” said Steve Taylor, senior vice president […]
November 20: America’s Communities, Charities Face Urgent Threat
Hundreds of Charitable Sector Leaders Gather in D.C. for “Protect Giving Day,” Warn of Cascading Consequences if Lawmakers Harm Charitable Tax Deduction On November 20th, more than 200 frontline nonprofit and charitable sector leaders will gather in Washington to warn members of Congress of the cascading consequences that could be set off by harmful limitations […]
Infographic: Four Trends Impacting the Charitable Giving Landscape in the Next Year
By Sandra Feinsmith and Anthony Reh Our team in Atlanta had a fantastic time last week at the 2013 United Way Financial Management and Human Resources Forum. Each year, this event showcases some of the very best work that United Way (a BDO client) has accomplished in communities around the world. Looking ahead, we already […]
Charities Demonstrate Impact of Shutdown
By Doug Donovan Washington–United Way executives from across the country gathered near the Capitol on Wednesday morning in an attempt to show Congress how communities as politically different as Georgia and Pennsylvania or Illinois and South Carolina manage to work together to tackle issues. Standing in a chilly wind swirling around the Capitol and Congressional […]