Using the Whole Whale - A Nonprofit Podcast
Business:Non-Profit
"The Charitable Act," a new bill in Congress, was introduced on January 24, 2023, by Senators James Lankford (R-OK) and Chris Coons (D-DE). As reported by The Nonprofit Times explains that the bill would allow anyone who donates to a charity to benefit from both the standard deduction and the charitable deduction. This would be a significant change from the current tax code, which only allows taxpayers who itemize their deductions to claim a charitable deduction.
The bill has the support of a number of nonprofit organizations, including the National Council of Nonprofits and the Charitable Giving Coalition. If the bill is passed, it could lead to increased charitable giving, which would benefit all nonprofits.
The bill is currently being considered by the Senate Finance Committee. If the bill is passed by the Senate, it will then go to the House of Representatives for consideration. The bill has a good chance of passing both chambers of Congress and being signed into law by President Biden.
The passage of "The Charitable Act" would be a major victory for nonprofits and would help them to continue their important work in communities across the country.
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Summary
214:(news) Nonprofit Revenge Giving for Rush Limbaugh & Nonprofit Job Trends
213: (news)GoFundMe Charity shutting down, CEOs resigned and removed
212: (news) Abuse At Homeless Shelter, Racketeering, and Puppy Bowl helps shelters
211: (news) Nonprofit Job losses, Giving Blck and Money making mittens
210: Human-centered Design - teenyBIG
209: Giving Tuesday results, Coercive Control language - NonprofitNewsFeed.com
208: How to Make Meaningful Media Content - FirstStage.org
207: Flexible Work and Job Sharing Strategy - Marathon Kids
206: The V-Shaped Volunteering Outlook - VolunteerMatch
205: Building Small Homes for the Holidays - Smalltimore Homes
204: Spotify Ideas for Social Impact
Whole Whale Holiday Playlist
203: Hiring Robots to Write Donor Letters - Addressable
202: Donor Thank You Ideas
201: Creativity: The Key to a Remarkable Life - Author Interview
200: What is coming in 2021 for Nonprofits?
199: BUILDING SMART NONPROFITS: A Roadmap For Mission Success - Author Interview
198: The Philanthropy Revolution - Author Interview
197: Is Your Nonprofit Getting to the Damn Point?
196: Is a full MBA worth it? Talking through the options
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