What is the status of proposed tax reform policies and the
potentially negative impact on charitable donations?
Dan Cardinali, president and CEO of Independent Sector, November 10, 2017, update regarding the U.S. Senate and House tax reform proposals.
Ask for Universal Charitable
Tax Deduction in the Tax Reform Bill
your members of Congress.
With the incentive of a charitable tax deduction given to all taxpayers, it is anticipated that charities could see a $4.8 billion increase in donations per year, instead of an estimated loss of $13.1 billion that would occur under some of the proposed tax reform changes being discussed now by Congress.
for communicating with your members of Congress.