- Nonprofit Industry News
Charitable Deduction Cap no longer part of Bill
The American Jobs Act has been revised, removing the cap on charitable deductions. This was done by Senate Majority Leader Harry Reid. He stated yesterday that these deductions are in fact critical to non-profits and encourages charitable donations. It was also stated that both lawmakers on the conservative and liberal side agree with removing the cap.
Read the full article here:
Charitable Deduction Cap Pulled From Bill
Read the full article here:
Charitable Deduction Cap Pulled From Bill
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article ID: 317000012 http://www.nonprofitcrossing.com/article/317000012/Charitable-Deduction-Cap-no-longer-part-of-Bill/  article title: Charitable Deduction Cap no longer part of Bill
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