Wednesday, February 13, 2013

Congressman Calls For Hearing On Charitable Deduction - TheNonProfitTimes

Congressman Calls For Hearing On Charitable Deduction - TheNonProfitTimes: The charitable deduction is in congressional crosshairs again as Rep. Dave Camp (R-MI) called for a hearing on the topic on Feb. 14.

Camp, the chairman of the House Ways and Means Committee, announced Tuesday that he wants representatives from the charitable sector to testify to the Committee about how limits to the charitable deduction would impact nonprofits. Organizations have fought changes to the deduction in the past, and the hearing by the House Ways and Means Committee will give representatives from the sector another chance to explain why they believe it’s a bad idea to limit the deduction.

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