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The Differences Between a 501(c)(3), 501(c)(4) and Other Tax Exemptions

NonProfit Hub

It can engage in some political activity as long as that activity is not the primary purpose, however, those expenses might be subject to taxation. Also, contributions to a 501(c)(6) are not tax deductible as charitable contributions, but they may be deductible as a trade or business expense. Benefit Corporations.

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Why You Should Focus Your Fundraising Efforts on Generating Gifts of Wealth (from Assets) Not on Disposable Income (from Credit Cards, Checks, or Cash)

iMarketSmart

How the structure of initial charitable contributions impacts the magnitude of subsequent support. Using donor images in marketing complex charitable financial planning instruments: An experimental test with charitable gift annuities. Journal of Consumer Research, 24 (4), 395-408. [10] 10] Id at p. Experiment 3. [13]

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House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The Joint Committee on Taxation (JCT) estimated that after 2023, most taxpayers would see a tax increase. Both bills enable individuals to deduct up to 60 percent of their adjusted gross income for charitable contributions, up from 50 percent. The current estate-tax exemptions of $5.49 million for individuals and $10.98

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House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The Joint Committee on Taxation (JCT) estimated that after 2023, most taxpayers would see a tax increase. Both bills enable individuals to deduct up to 60 percent of their adjusted gross income for charitable contributions, up from 50 percent. The current estate-tax exemptions of $5.49 million for individuals and $10.98

article thumbnail

House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The Joint Committee on Taxation (JCT) estimated that after 2023, most taxpayers would see a tax increase. Both bills enable individuals to deduct up to 60 percent of their adjusted gross income for charitable contributions, up from 50 percent. The current estate-tax exemptions of $5.49 million for individuals and $10.98

article thumbnail

House Signs Off On Tax Bill That Hurts Charities

The NonProfit Times

The Joint Committee on Taxation (JCT) estimated that after 2023, most taxpayers would see a tax increase. Both bills enable individuals to deduct up to 60 percent of their adjusted gross income for charitable contributions, up from 50 percent. The current estate-tax exemptions of $5.49 million for individuals and $10.98