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Changes Coming for Nonprofits in the New Congress and Administration

Posted By Benjamin Bullock, Together SC, Thursday, January 5, 2017

With the likely change from government gridlock to fast and furious legislating in Washington this month, many nonprofit and foundation professionals are struggling to see how the pieces fit together and where their advocacy efforts can promote positive solutions. Our national network, the National Council of Nonprofits*, just published a look at six federal issues of sector-wide importance that will likely be taken up in the coming weeks and months, and lays out what they mean for your nonprofit. We encourage you to read the article Nonprofits Need to Stand Together to Push for Smart Public Policies,” share it with your board and other stakeholders, and be ready to stand up to defend nonprofit missions. Working with our colleagues at the National Council of Nonprofits, we will keep you informed on developments in our nation’s capital that affect the work of nonprofits in South Carolina.

*SCANPO member organizations are also members of the National Council of Nonprofits!

Tags:  Advocacy  Congress  National  National Council of Nonprofits  Public Policy  Trump 

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Congress makes 3 Giving Incentives Permanent!

Posted By Benjamin Bullock, Together SC, Tuesday, December 22, 2015

From Independent Sector:

Dear Colleagues,

The United States Congress has finally made permanent three tax incentives for charitable giving!

These incentives strengthen the charitable community’s ability to improve American lives and our communities, and ends the sector’s nearly 10-year long struggle to make these incentives a permanent part of the tax code.

The incentives include the IRA charitable rollover and enhanced deductions for the donation of food inventory and land conservation easements. After years of renewal and expiration, including the most recent expiration on January 1, 2015, the permanent extension of these three charitable giving incentives is now headed to the president’s desk for his signature.

In addition to these critical incentives, Congress included important provisions to make the child tax credit and the earned income tax credit permanent.

This tax deal, known as the Protecting Americans from Tax Hikes (PATH) Act of 2015, shows true leadership in understanding the value of the charitable community and the role it plays in American society. This law ends the uncertainty caused by the repeated expiration and subsequent reinstatement of these three charitable giving incentives.

Read More here!

Tags:  Advocacy  Congress  Giving Incentives 

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