Tuesday, November 22, 2011
Deductibility rate for charitable donations must be preserved | The News Journal | delawareonline.com
Deductibility rate for charitable donations must be preserved | The News Journal | delawareonline.com: The United States has long been defined in part by the charitable nature of its people. And from its inception in 1913, the federal income tax code has allowed taxpayers to deduct charitable gifts. In effect, government partners with charitably minded Americans to advance the general welfare.
Tuesday, November 15, 2011
White House Hosts Meeting on Nonprofit Leadership - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas
White House Hosts Meeting on Nonprofit Leadership - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: White House Hosts Meeting on Nonprofit Leadership
November 14, 2011, 5:07 pm
By Lisa Chiu
The White House has invited leaders from about 200 nonprofits to Washington to take part in a daylong program that will focus on the role of nonprofits and how charities can develop effective leaders.
The event, which takes place Tuesday at the national office of the American Red Cross and is closed to the public, will feature discussions led by White House officials and business and nonprofit leaders.
November 14, 2011, 5:07 pm
By Lisa Chiu
The White House has invited leaders from about 200 nonprofits to Washington to take part in a daylong program that will focus on the role of nonprofits and how charities can develop effective leaders.
The event, which takes place Tuesday at the national office of the American Red Cross and is closed to the public, will feature discussions led by White House officials and business and nonprofit leaders.
Monday, November 14, 2011
Charitable Deduction Not Discussed at Deficit Talks - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas
Charitable Deduction Not Discussed at Deficit Talks - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Republican members of the congressional deficit committee are discussing plans that would limit some tax breaks to help close the federal deficit, The New York Times reports. But a top Congressional aide says lawmakers have not been talking about placing any limits on charitable deductions.
The committee is working to trim more than $1.2-trillion from the federal deficit over 10 years.
The committee is working to trim more than $1.2-trillion from the federal deficit over 10 years.
Friday, November 11, 2011
Accounting Board to Research Nonprofit Financial Standards - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas
Accounting Board to Research Nonprofit Financial Standards - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: he group that establishes standards for financial accounting and reporting has approved two new projects that seek to streamline the way nonprofits complete their annual financial statements.
Friday, November 04, 2011
The Nonprofit Quarterly | @npquarterly | Can You Hear Me Now? Nonprofit Voices at the Supercommittee
The Nonprofit Quarterly | @npquarterly | Can You Hear Me Now? Nonprofit Voices at the Supercommittee: It could be all for naught, but the latent power of the Congressional supercommittee, charged with slicing a trillion or more off the national deficit, is kind of enormous if certain factors play out. As we have noted before, we hope that the nonprofit sector is making a coherent and noticeable case to the supercommittee amid the hundreds of thousands of dissonant recommendations that have flooded in. And even if the sector does have a coherent, resonant message, will it be heard given the cacophony of monied interests laying siege to supercommittee members?
Thursday, November 03, 2011
Grassley Calls on Treasury to Close Supporting Org Pay-Out "Loophole" | Planned Giving Design Center
Grassley Calls on Treasury to Close Supporting Org Pay-Out "Loophole" | Planned Giving Design Center: n a letter to Treasury Secretary Timothy Geithner and IRS Commissioner Douglas Shulman, Senate Finance Committee member Charles Grassley, R-Iowa, has requested that Treasury complete its study on what he believes to be an exploitive tax loophole being perpetuated via the current pay-out rules for Type III supporting organizations.
Tuesday, November 01, 2011
Australia To Redefine Charity In Law: Australia To Redefine Charity In Law
by Mary Swire, Tax-News.com, Hong Kong
01 November 2011
The Australian government has launched a consultation on a new statutory definition of charity, applicable across all Commonwealth laws from July 1, 2013.
The Australian government announced in the 2011-12 Budget that it would introduce a new statutory definition of charity, and a Consultation Paper has subsequently been released outlining the background, including previous recommendations and inquiries, as well as developments that have occurred since 2003, when the issue was last substantially examined.
by Mary Swire, Tax-News.com, Hong Kong
01 November 2011
The Australian government has launched a consultation on a new statutory definition of charity, applicable across all Commonwealth laws from July 1, 2013.
The Australian government announced in the 2011-12 Budget that it would introduce a new statutory definition of charity, and a Consultation Paper has subsequently been released outlining the background, including previous recommendations and inquiries, as well as developments that have occurred since 2003, when the issue was last substantially examined.
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