A recent piece featured on the Institutional Religious Freedom Alliance website examines the unique tax concerns faced by faith-based organizations. In “Tax Reform is About More Than Taxes,” Stanley Carlson-Thies highlights how religious institutions and the communities they serve are especially impacted by the charitable deduction. He notes how the deduction “helps to make possible our extensive and flourishing civil society — by encouraging giving but also by acknowledging that, while we help each other in part through government, we also help each other through civil society.” These organizations provide a host of invaluable social services, but, as they usually do not rely heavily on funds from government sources, fees for service, corporate donors, or foundations, are “disproportionately affected by changes in the tax incentives for individual giving.” Read the full article here.
IRFA Makes a Great Case for the Charitable Deduction