Friday, March 22, 2013

Senate Effort to Protect Charitable Deduction Divides Nonprofits - Tax Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Senate Effort to Protect Charitable Deduction Divides Nonprofits - Tax Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: That left nonprofit leaders in an awkward position on Thursday: Many wanted to support the Senators’ goal of fending off new limits on charitable deductions. Among those who praised the measure quickly was the Alliance for Charitable Reform, a project of the conservative Philanthropy Roundtable, which called it an “an important step for the charitable community because it sets the charitable deduction apart as different from all other deductions.”

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