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Study lays out tax policy options that could increase charitable giving
Publication year - 2019
Publication title -
nonprofit business advisor
Language(s) - English
Resource type - Journals
eISSN - 1949-3193
pISSN - 1531-5428
DOI - 10.1002/nba.30645
Subject(s) - incentive , business , tax incentive , tax credit , public economics , code (set theory) , tax deduction , tax policy , ad valorem tax , law and economics , accounting , state income tax , finance , monetary economics , tax reform , double taxation , economics , microeconomics , gross income , set (abstract data type) , computer science , programming language
New research from the Independent Sector shows that a few small but important tweaks to the federal tax code could bring in billions of dollars in additional charitable donations compared to current law—mainly by expanding the number of households that have a financial incentive to donate.