Wednesday, October 31, 2012

Should Volunteers Be Offered Tax Incentives? - NPQ – Nonprofit Quarterly - Promoting an active and engaged democracy.

Should Volunteers Be Offered Tax Incentives? - NPQ – Nonprofit Quarterly - Promoting an active and engaged democracy.: The term “paid volunteers” sounds like an oxymoron. However, the U.S. does provide stipends for some “volunteers” through the AmeriCorps program of the Corporation for National and Community Service. In Canada, a member of parliament has proposed a tax credit to reward volunteers for their work and to incentivize more people to volunteer. MP Jean-Francois Larose, a member of the New Democratic Party (NDP), introduced the Volunteer Tax Credit bill in February and in September, Larose made what Charity Village called “an impassioned speech” in parliament. He got some expressions of support from Liberal parliament members, but members of the Conservative party “figuratively tore the bill apart.”

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