TaxVox: Charitable giving

RSS

The voices of Tax Policy Center's researchers and staff

Food Bank donations
Individual Taxes

Taxpayers Who Lost Their Charitable Deduction Only Modestly Reduced Donations

October 4, 2022 –
Starting in 2018, the Tax Cuts and Jobs Act of 2017 (TCJA) dramatically raised the standard deduction, reducing the number of filers who reported their...
Individual Taxes

How to Undertake Reform of the Charitable Deduction

April 28, 2022 –
Among its many changes, the 2017 Tax Cuts and Jobs Act substantially increased the share of federal income taxpayers taking the standard deduction, leaving fewer...
Individual Taxes

Congress Must Redesign the Charitable Deduction: How to Do It Well

March 23, 2021 –
In 2017 and again in 2020, Congress made deficient—but temporary—changes to the federal income tax deduction for charitable giving. By significantly increasing the standard deduction,...
Individual Taxes

Who Gets the Tax Benefit For Those Checkout Donations?

November 4, 2020 –
If you’ve shopped recently at your supermarket, there’s a good chance you faced a choice at the checkout counter: Whether to give to a charity. But like so much else these days, these giving opportunities have become controversial.

The CARES Act Charitable Deduction For Non-Itemizers Was A Lost Opportunity To Help Beneficiaries Of Non-Profits

May 19, 2020 –
According to the Joint Committee on Taxation, Congress spent about $1.5 billion in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to create a...
Individual Taxes

How The CARES Act Increases Charitable Deductions Without Helping Non-Profits Very Much

April 8, 2020 –
The Coronavirus Aid, Relief, and Economic Security (CARES) Act creates two new tax benefits for donors to non-profits. One will mostly benefit low- and middle-income...
Individual Taxes

Charitable Giving Appears To Have Fallen In 2018, Despite Treasury Claims

March 6, 2020 –
On March 3, the Treasury Department put out a press release saying that 2018’s charitable giving “appeared largely unchanged from previous years,” despite a “concern...
Individual Taxes

Are Tax Breaks For Non-Profits And Their Donors Worth Saving?

February 20, 2020 –
The special tax treatment Congress has granted to non-profits and tax deduction it gives their donors are broken. So broken, in fact, that it is...

Could A Redesigned Tax Deduction Help More People Feel Good About Charitable Giving?

January 8, 2020 –
Tax incentives appear to encourage giving, but by discouraging taxpayers from itemizing deductions, the Tax Cuts and Jobs Act (TCJA) left nearly 9 of every 10 households without that nudge. Policymakers could correct this by allowing people to deduct at least some of their charitable gifts of sufficient size, even if the taxpayer doesn’t itemize.

Can One Think Charitably About The Bryce Harper Deal?

April 29, 2019 –
As a long-time baseball fan, I’m happy that my office moved closer to the Washington Nationals ballpark, where I expect to take in more games...