Nonprofits Call Cliff Deal a Victory on Giving Incentives - Government - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Nonprofits Call Cliff Deal a Victory on Giving Incentives
By Doug Donovan
Nonprofit officials declared a victory in their advocacy to preserve the charitable tax deduction after Tuesday’s Congression�al vote to avert the fiscal cliff. But they remain frustrated that Congress did not resolve the $55-billion in federal spending cuts that are expected to hit social-service nonprofits particularly hard.
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