The Charitable Deduction: Loophole or Lifeline? (Video)

by NCF staff  |  December 18, 2012  |  Type: Insights

The Charitable Income Tax Deduction is under attack. Serious attack.

Right now, Congress and the President are looking for revenue wherever they can find it, and they're turning their attention to the charitable sector. Members of Congress met regularly last week and openly discussed how to effectively limit or even eliminate the Charitable Deduction for taxpayers ... a move that could devastate U.S. charities across the board.

So what can you do to stop this?

  1. Watch the video below and join the conversation at
  2. Share it with your family, friends, colleaguges, donors, clients ... whoever it is, encourage them to get involved too.
  3. Go to to contact your U.S. Representatives and Senators who have the power to make a difference. Call them and simply ask them to protect the Charitable Income Tax Deduction.
  4. Pray! Ask God that He would work in the hearts of our country's decision-makers.

Multiply your impact
Many business owners have a heart to give charitably but feel hindered by their limited cash flow and the high taxation of their businesses. But NCF can help you donate a non-voting interest in your business, receive a substantial tax deduction, and ... read more
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