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House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The Senate Finance Committee’s version of the bill, released last week, features some stark contrasts, including no repeal of the Johnson Amendment and an expanded exemption within the estate tax, but no complete repeal. Maintaining the Johnson Amendment and inserting some sort of universal charitable deduction are among current efforts.

article thumbnail

House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The Senate Finance Committee’s version of the bill, released last week, features some stark contrasts, including no repeal of the Johnson Amendment and an expanded exemption within the estate tax, but no complete repeal. Maintaining the Johnson Amendment and inserting some sort of universal charitable deduction are among current efforts.

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article thumbnail

House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The Senate Finance Committee’s version of the bill, released last week, features some stark contrasts, including no repeal of the Johnson Amendment and an expanded exemption within the estate tax, but no complete repeal. Maintaining the Johnson Amendment and inserting some sort of universal charitable deduction are among current efforts.

article thumbnail

House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The Senate Finance Committee’s version of the bill, released last week, features some stark contrasts, including no repeal of the Johnson Amendment and an expanded exemption within the estate tax, but no complete repeal. Maintaining the Johnson Amendment and inserting some sort of universal charitable deduction are among current efforts.