Monday, March 30, 2015

Vermont Nonprofits Fight State Plan to Limit Deductions - The Chronicle of Philanthropy

Vermont Nonprofits Fight State Plan to Limit Deductions - The Chronicle of Philanthropy: "Vermont charities are pushing state senators to reject a measure passed by the Vermont House on Friday that would cap taxpayers' itemized deductions, including those on charitable donations, the Burlington Free Press reports.
The measure would set maximums of $15,500 and $31,000 for single and married joint filers, respectively, 2&frac; times the federal standard deductions."



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