WASHINGTON (RNS) Most Americans who file income tax returns won't be affected by proposed changes in how charitable contributions are deducted, but that hasn't stopped charitable groups from lobbying Congress to fight any change in deductions as part of the “fiscal cliff'' negotiations. By Jackie Kucinich / USA Today.
Articles tagged “charitable donations”
WASHINGTON (RNS) For the fourth year in a row, President Obama is proposing lower tax deductions for the wealthy on donations to churches and other nonprofit organizations. And for the fourth year in a row, nonprofit groups say the change would lead to a dramatic drop in charitable giving. By Annalisa Musarra.