Lawmaker Wants To Create “New York State Natural Disaster Relief Fund” | Albany Watch

Lawmaker Wants To Create “New York State Natural Disaster Relief Fund” | Albany Watch: Assembly Minority Leader Brian Kolb, R-Canandaigua, is proposing to create a state natural disaster relief fund to help families impacted by Superstorm Sandy and prepare for future disasters, Gannett’s Haley Viccaro reports.

Patricia McGuire: Charity Must Prevail

Patricia McGuire: Charity Must Prevail: Now comes the spectre of a more frontal assault on charity -- the potential for a reduction in the charitable gift income tax deduction as part of the "fiscal cliff" negotiations. Reducing or eliminating the charitable gift deduction would devastate thousands of charities and crystallize the nation's long retreat from a clear national commitment to "habits of the heart."

Deduction cap proposal alarms charities _ especially colleges, who rely more on wealthy donors | Fox News

Deduction cap proposal alarms charities _ especially colleges, who rely more on wealthy donors | Fox News: Colgate cast a wide net. But like most big fundraising campaigns, particularly in higher education, the lion's share came from wealthy benefactors rewarded in return with a combination of altruistic satisfaction, naming rights — and a big tax deduction.

Now that tax deduction may be in jeopardy, and some in higher education are worried.

Charities Would Lose $10-Billion Under Tax Cap, White House Says - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Charities Would Lose $10-Billion Under Tax Cap, White House Says - Government & Politics Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Charities Would Lose $10-Billion Under Tax Cap, White House Says

December 3, 2012, 9:25 am

By Doug Donovan

President Obama won’ t support an annual limit on deductions, including those for charitable giving, as the White House issued an estimate that such a break would cost charities at least $10-billion a year.

That will come as a relief to nonprofit leaders who say such limits are essentially the same as ending charitable deductions.

Capitol Hill Power Analysis: The Nonprofit Guide to the 113th Congress - NPQ - Nonprofit Quarterly

Capitol Hill Power Analysis: The Nonprofit Guide to the 113th Congress - NPQ - Nonprofit Quarterly: The lame-duck session of Congress will likely grapple with the fiscal cliff, but plenty of issues, including elements of the fiscal cliff, will probably roll over onto the plate of the incoming 113th Congress. That means it is going to be a bigtime high-pressure moment for nonprofit lobbyists to work Capitol Hill to protect programs and push new legislation important to the nonprofit sector. The nonprofit issues on the plate of the incoming 113th Congress will be tough and contentious. Nonprofits are going to have to lobby quickly and smartly. That means mobilizing people to influence key legislators on important committees whose positions will dictate what gets considered in 2013 and how.

Small Charitable Donations Bill moves to House of Lords

Small Charitable Donations Bill moves to House of Lords: Amendments to the Small Charitable Donations Bill that will make the gift aid small donations scheme more accessible to smaller and newer charitable and community organisations have been passed by the House of Commons as the Bill heads to the House of Lords.

Last week umbrella bodies celebrated some success in campaigning to reduce the bureaucratic burden of the Bill as the Chancellor introduced amendments to make the GASDS more accessible. At the third reading of the House of Commons yesterday these amendments were passed.

Should the Charitable Tax Deduction Be Eliminated? - US News and World Report

Should the Charitable Tax Deduction Be Eliminated? - US News and World Report: Should the Charitable Tax Deduction Be Eliminated?
Policymakers are considering doing away with or reducing the tax break for charitable giving

PBO Report “Federal Cost Estimate of Bill C-399: Volunteer Tax Credit”

PBO Report “Federal Cost Estimate of Bill C-399: Volunteer Tax Credit”

Nonprofits defend tax break - Nov. 20, 2012

Nonprofits defend tax break - Nov. 20, 2012: WASHINGTON (CNNMoney) -- Charities and nonprofits are digging in their heels on Capitol Hill as they prepare to defend tax breaks for charitable donations that are under threat from the fiscal cliff.

Mass. Nonprofit Leaders: Sector to Suffer if Congress Doesn’t Act

massnonprofit.org ::: November 9, 2012 — Unless Congress acts before January, when federal budget cuts are due to take effect and personal taxes set to increase, Massachusetts nonprofits will lose tens of millions of dollars, severely impacting many, but charitable giving statewide should remain steady, nonprofit leaders say.

Charitable Tax Breaks Could Take Hit During Lame-Duck Session Of Congress

Charitable Tax Breaks Could Take Hit During Lame-Duck Session Of Congress: Congress could choose to change the limitations on charitable tax deductions during its lame-duck session aimed at tackling expiring tax laws and automatic budget cuts, according to the Independent Sector.

President Obama has long proposed changes to charitable-giving tax breaks that would limit deductions to 28 percent for individuals earning more than $200,000 and married couples earning more than $250,000, according to Bloomberg. The current deduction limit is 35 percent.

The AFP Blog: Thinking Bigger—and Beyond—the Charitable Tax Deduction

The AFP Blog: Thinking Bigger—and Beyond—the Charitable Tax Deduction: On December 4th and 5th AFP will be participating in a lobby day on the hill with our partners in the Charitable Giving Coalition. If you’re in Washington, DC, those days, I strongly encourage you to participate!

Associations ‘Concerned’ about Fate of Group Tax Returns: Associations Now

Associations ‘Concerned’ about Fate of Group Tax Returns: Associations Now: As the IRS considers changes in longstanding group exemption procedures, an ASAE survey shows widespread worry about the impact on tax-exempt organizations.

City Drops Controversial Training Requirement For Nonprofit Groups // The Alternative Press: NJ's Daily Hyperlocal Newspaper

City Drops Controversial Training Requirement For Nonprofit Groups // The Alternative Press: NJ's Daily Hyperlocal Newspaper: PATERSON, NJ – Mayor Jeffrey Jones has waived a controversial new plan to require nonprofit groups to spend $300 on training at William Paterson University (WPU) in order for them to be eligible to get federal housing money through the cit

Expedited Exemptions For Sandy-Related Charities - TheNonProfitTimes

Expedited Exemptions For Sandy-Related Charities - TheNonProfitTimes: The Treasury Department and the Internal Revenue Service (IRS) announced an expedited review and approval process for organizations seeking tax-exempt status to provide relief for victims of Hurricane Sandy, though the IRS still encourages people to use existing organizations currently working on immediate aid efforts.