Tax Changes Could Cut Charitable Giving, Trump Admin. Told

Law360, Washington (July 17, 2017, 4:51 PM EDT) -- Charity advocates have urged the Trump administration and lawmakers to protect tax credits to incentivize charitable giving, warning that an increase to the standard deduction by tax reforms currently under consideration could put a damper on contributions, according to a Monday announcement.

The Philanthropy Roundtable’s legislative arm, the Alliance for Charitable Reform, said in a statement Monday that it met Thursday with Vice President Mike Pence along with other Trump administration officials and congressional leadership to push against a higher standard deduction and for what the...
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