1. Charities Worried about Cap on Tax Deductions

    Charities Worried about Cap on Tax Deductions

    A coalition of charities has expressed concerns about a Senate budget proposal that could potentially place a limit on charitable deductions. John Ashmen Like what you see? Click here to sign up for Accounting Today's daily newsletter to get the latest news and behind the scenes commentary you won't find anywhere else. The group, known as the Charitable Giving Coalition, includes United Way Worldwide, the Salvation Army, Catholic Charities USA, the American Institute for Cancer Research and othe

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    1. The nation's budget crisis is undeniable, but that is exactly why we should be creating more ways to encourage giving—not less.