In the News

Universal Charitable Deduction, CHARITY Act Offered as Amendments to Senate Tax Reform Bill

WASHINGTON, D.C.— Two amendments aimed at protecting and expanding charitable giving will be considered by the Senate Finance Committee this week during the markup of the Senate tax reform bill, the Tax Cuts and Jobs Act. The first is an amendment from Sens. Debbie Stabenow (D-MI) and Ron Wyden (D-OR) that seeks to prevent almost […]

ACR News 11.10.17 – Tax Reform in Full Swing

>> Federal: House Tax Reform Bill >> Federal: Senate Tax Reform Bill >> Federal: JCT Analysis Tax reform is now in full swing with legislation having been unveiled in both houses of Congress and the Ways and Means Committee advancing the House version for consideration on the floor of the House. We provide all the […]

Itemized Charitable Deductions Will Fall $95 Billion Under House Tax Reform Bill

With the markup of the House Republican tax reform bill, H.R. 1, the Tax Cuts and Jobs Act of 2017, in full swing, the Joint Committee on Taxation released a memorandum yesterday that confirmed the very concerns that ACR and our partners in the nonprofit sector have been proclaiming for months. “For tax year 2018, […]

What’s in the House Tax Bill?

Yesterday, House Republicans issued their tax reform bill, H.R. 1, the Tax Cuts and Jobs Act. As was anticipated, the tax reform bill doubles the standard deduction, reducing the number of itemizers from one-third of Americans to about five percent. According to IRS data, this would remove the tax incentive for an estimated $95 billion […]

ACR Statement on House Republican Tax Bill

WASHINGTON, D.C.— The Alliance for Charitable Reform (ACR) released the following statement upon today’s release of the House Republican tax reform bill, H.R. 1, the Tax Cuts and Jobs Act. “Tax reform should help increase charitable giving by protecting and expanding the charitable deduction, making it universally available to Americans of all income levels. Charitable […]

ACR News 10.31.17 – Will Tax Reform be a Trick or Treat?

>> Federal: Washington Roundup >> Federal: Universal Charitable Giving Act >> Federal: Annual Meeting Recap >> Federal: Roadmap for Action – November >> Consider This: Expect a Bumpy Ride >> Top Reads: Philanthropy Horror Stories: Donor Intent Gone Wrong It’s no trick. In fact, we’re giving you a treat with a Tuesday edition of the ACR Newsletter. […]

ACR Sessions at The Philanthropy Roundtable Annual Meeting

Last week, The Philanthropy Roundtable held its Annual Meeting in Scottsdale, AZ. As part of the programming, the Alliance for Charitable Reform held a panel on tax policy and charitable giving featuring Robert Sharpe, chairman of the Sharpe Group, and Sandra Swirski, ACR executive director. Pete Bird of the Frist Foundation moderated the panel which […]

Guest Post: The Greater Give

As currently contemplated by Congress, tax reform could lead to a decrease in giving. The Alliance for Charitable Reform and many of our allies in civil society are promoting what we call the Universal Charitable Deduction, which would allow all Americans to deduct their charitable donations from income (more on that idea here). Other ideas […]

ACR News 10.13.17 – Universal Charitable Deduction Legislation Introduced

>> Federal: Washington Roundup >> Federal: Tax Reform? >> Federal: Universal Charitable Giving Act of 2017 >> Federal: Roadmap for Action – October >> Consider This: Walk the Plank >> Top Reads: Nonprofits Battle to Get Charitable Deduction Extended to All Taxpayers Washington Roundup Last week, the House and Senate both took important steps toward tax reform […]