If adopted, the Act would make the IRA charitable rollover permanent, simplify the private foundation excise tax, and extend the deadline for claiming charitable contributions.
On May 20th, Congressman Erik Paulsen (R-MN-3) introduced H.R. 4691, a bill that would simplify the private foundation excise tax to a flat rate of 1 percent. The bill is co-sponsored by Congressman Danny Davis (D-IL-7).
April 28 — Most observers don't think the entirety of Rep. Dave Camp's (R-Mich.) Tax Reform Act of 2014 will be enacted this year—or any year soon—but practitioners are concerned that some of the provisions affecting tax-exempt organizations may...
Congress returns to work this week — and, according to Politico , the extenders debate will quickly heat up. The Ways and Means Committee plans to take up on Tuesday the first in what Chairman Camp has said will be a series of measures reviving...
The Flinn-Brown Civic Leadership Academy is now accepting applications for the 2014 cohort. The Flinn-Brown Civic Leadership Academy is a long-term initiative to expand the number of Arizonans who are committed to state-level public service and...
The 2014 Mid-year Meeting session focused on the legalization of marijuana is the topic of this Grantmakers in Health blog, authored by Philanthropy Southwest Consultant Christie McElhinney.
The House Ways and Means Committee held a hearing last week to discuss the perennial issue of the tax extenders, the temporary tax provisions that expire year after year and are usually renewed. However, dozens of provisions that expired at the...
Tax reform has been a hot topic in Congress over the past year, and seemingly everything is on the table, including nonprofits' activities. Even with the recent release of a formal legislative proposal, real progress on a bill seems unlikely in...
AUSTIN, Texas--(BUSINESS WIRE)--More Texas children with severe mental health needs receive mental health care in a juvenile detention facility, a school special education program, foster care, or when a parent relinquishes custody to the Texas...
Senate Finance Committee Chairman Ron Wyden (D-OR), speaking April 1 at the annual member meeting of the National Council of Nonprofits, made his clearest statement of support for charitable giving tax incentives and for the work of charitable...
Students forced to share textbooks. Bus service canceled. Teachers taking on janitorial duties. After the Texas legislature cut the state’s education budget by $5.4 billion in 2011, almost every aspect of the public school system took a hit. The...
