Bipartisan Legislation Introduced to Expand Charitable Deduction
Associations Now
MARCH 2, 2023
The Charitable Act would expand and extend the expired non-itemized deduction for charitable giving and ensure that Americans who donate to charities and other nonprofits can deduct that donation from their federal taxes at a higher level than the previous $300 deduction. This week, Senators James Lankford (R-OK) and Chris Coons (D-DE) introduced bipartisan legislation to expand and extend the expired non-itemized deduction for charitable giving.
Let's personalize your content