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House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The House Bill includes a doubling of the standard deduction — up to $24,400 for joint filers and $12,200 for individuals, no universal charitable deduction, a repeal of the estate tax, and repeal of the Johnson Amendment — which prohibits 501(c)(3) organizations from engaging in partisan politics. million for individuals and $10.98

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House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The House Bill includes a doubling of the standard deduction — up to $24,400 for joint filers and $12,200 for individuals, no universal charitable deduction, a repeal of the estate tax, and repeal of the Johnson Amendment — which prohibits 501(c)(3) organizations from engaging in partisan politics. million for individuals and $10.98

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article thumbnail

House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The House Bill includes a doubling of the standard deduction — up to $24,400 for joint filers and $12,200 for individuals, no universal charitable deduction, a repeal of the estate tax, and repeal of the Johnson Amendment — which prohibits 501(c)(3) organizations from engaging in partisan politics. million for individuals and $10.98

article thumbnail

House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The House Bill includes a doubling of the standard deduction — up to $24,400 for joint filers and $12,200 for individuals, no universal charitable deduction, a repeal of the estate tax, and repeal of the Johnson Amendment — which prohibits 501(c)(3) organizations from engaging in partisan politics. million for individuals and $10.98