Tuesday, September 20, 2011

White House Explains Smaller Nonprofit Tax Credits in Jobs Bill - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

White House Explains Smaller Nonprofit Tax Credits in Jobs Bill - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: The White House says that President Obama’s jobs bill would allow nonprofits to get several tax credits designed to encourage employers to hire veterans and the long-term unemployed.

However, when nonprofit experts examined the legislation’s fine print, they discovered that the dollar amounts available to tax-exempt organizations are about two-thirds of those available to other employers.

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