A Washington Post column takes leaders of the nonprofit world to task for their opposition to capping higher earners’ charitable tax deductions to help finance a health-care overhaul. The columnist ...
As part of the provisions in President Donald Trump’s tax and spending package, passed last year, everyday donors may see tax gains, while those who itemize, especially high earners, face stricter ...
As you noted in your February 21 issue (“Charities Offer Mixed Reviews of Bipartisan Plan to Help Religious Groups”), many charity leaders may support a Senate proposal that would give people who do ...
SAN FRANCISCO (KGO) -- You might be gloating over how much you're saving on Cyber Monday deals, but you might be overlooking a great deal. It's a tax break for giving to charitable organizations. It ...
The One Big Beautiful Bill Act, signed into law on July 4, contains several provisions that could affect the future of not-for-profit organizations. Processing Content One provision creates a ...
Congress just reshuffled the incentives for charitable giving, providing tens of millions of middle-income households with a tax break while shrinking deductions for corporations and higher earners.
The proposed One Big Beautiful Bill Act (OBBBA) introduces sweeping tax changes that will significantly impact nonprofit organizations. While the bill aims to encourage charitable giving through a new ...
BOSTON — As nonprofits across Massachusetts face uncertainty over the future of federal funding, some are also expressing concern over a proposal from Gov. Maura Healey that they fear could further ...
Maryland Gov. Wes Moore’s proposed budget would double taxpayers’ standard deduction while eliminating charitable donations and other itemized deductions, such as mortgage interest and child care ...
BOSTON — As nonprofits across Massachusetts face uncertainty over the future of federal funding, some are also expressing concern over a proposal from Gov. Maura Healey that they fear could further ...
The passage of the 2025 Reconciliation Act (or One Big Beautiful Bill Act) in July brought forth a number of changes to charitable giving rules, which will take effect in 2026 and 2027. Accordingly, ...