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
175: COVID-19 College Advising | Making the Shift to Digital
174: How to Design an Auction Event
173: COVID-19 Trends & Opportunities
172: Expanding a Business to the EU is Hard - here's why
171: How are donor emails cultivated in the first 45 days?
170: The Unashamed Guide To Virtual Management - Author Ben Bisbee
169: Census in the time of COVID-19
168: Catching Momentum in a Time of Coronavirus -
167: Fundraising in a Time of Uncertainty - Martin Leifeld
166: The Best Way to Contact Congress - advice from Quorum
165: Fixing Flaky Volunteers - Allen Kramer
164: Is Personalized Video Worth the Lift?
163: How to use the Impact Method - Sarah Olivieri
162: The Power of Pillar Pages - Rachel Clemens
161: Don't Worry, Individual Giving is Down - Sherry Quam Taylor
160: From Nonprofit to Elected Office? - Samra Brouk
159: How to Survive in the Nonprofit Software Business - CauseVox
158: Where Tech and Criminal Justice Intersect - Alia Toran-Burrell
157: "Transform Your Board Into a Fundraising Force" - Kay Sprinkel Grace
156: The 9 Nonprofit Trends to Know From 2019 - Cause IQ
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