News articles

3/7/14 — Tax reform puts charity on the chopping block

World News Magazine By J.C. Derrick Rep. Paul Ryan, R-Wis., chairman of the House Budget Committee, this week released a report detailing much of what’s wrong with the U.S. government’s 50-year-old war on poverty: In 2012, the federal government spent $799 billion on ...

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3/6/14 — Charitable Deduction Under Attack – AGAIN

The Law Firm for Non-Profits By Jessica Shofler How much does your nonprofit rely on donations from wealthy individuals? Many nonprofit leaders are asking themselves that very question right now. Once again, calls from both Democrats and Republicans threaten to limit ...

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3/5/14 — White House Budget Includes Cap on Charitable Deduction for Wealthiest Donors

Philanthropy News Digest Nonprofit organizations are criticizing a White House budget plan that would limit the value of all tax deductions, including the deduction for charitable giving, the Chronicle of Philanthropy reports. In its budget proposal for fiscal year 2015, the ...

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