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Congress Is Considering a Tax Bill That Doesn’t Restore the Expired Charitable Deduction. Let’s Change That.

Momentum Nonprofit Partners

ACTION ALERT On January 16, the chairs of the House and Senate tax committees announced a bill that includes series of tax breaks for families, businesses, and individuals, but that does not yet include restoration of the non-itemizer (universal) charitable deduction. billion over ten years, according to the Joint Committee on Taxation.

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2023 Montana Legislature: Week Two

MNA Association

MNA watches bills related to the nonprofit sector generally including Appropriations, Taxation, Charitable Giving, Workforce, Voting/Elections/Ballot Initiatives, Campaign Finance, and Lobbying. Thank you to the 137 organizations that participated in that survey, allowing us to come before legislators confidently on your behalf.

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Wisdom on fundraising during a downturn

Nonprofit Marketing Blog

She says, “You can transfer up to $100,000 in any given year directly from their IRA to a charitable organization and they pay no income tax on that. This is a very nice provision that allows you to avoid taxation and still claim the donation, so it’s kind of a double tax advantage.&#.

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Finally, the questions you should ask that have been proven to lead to gifts from wealth

iMarketSmart

Have you ever given something other than cash to a charitable organization? Visual planned giving: An introduction to the law and taxation of charitable gift planning. [18] Such conversations can transition to a discussion of wealth and assets. 19] Reverse questions Another Socratic opening doesn’t start with a question.