In This Week's Edition of Snapshot: With no agreement on DACA, Congress pursues another short-term funding deal to avoid a government shutdown; Senate races with potential Finance Committee implications; Administration continues push to expand broadband access; House committee marks up bill impacting the Foreign Agent Registration Act; and, In the States: State of the States Addresses 2018
In This Week's Edition of Snapshot: Democrats Throw Cold Water on Immediate Fixes to Tax Reform; Tax-Writing Committees Add New Members, New Budget Chair Announced; The Intersection of SALT and Charitable Contributions; Immigration Agreement Could Unlock Funding Compromise; IRS Estimates What it Will Take to Implement Tax Changes; Administration Seeks to Expand Broadband in Rural America; and In the States: States Responding to New Federal Limit on State, Local Tax Deductions; Government-Nonprofit Contracting Reform Update
In This Week's Edition of Snapshot: Tax legislation takes effect; Senate Finance Committee Chairman to retire; Deadline to pass FY18 spending measure looms; Two new U.S. senators sworn in; In the States: State legislatures convene to confront uncertainty caused by the federal tax bill.
In This Week's Edition of Snapshot: Tax reform goes to President Trump’s desk for signature; Congress is up against a tight deadline on government funding agreement; In the States: Federal tax bill affects state estate taxes
The tax bill has passed and many in the sector are wondering what it will mean for our work, and what comes next in our advocacy. Join us for a detailed look at the tax bill and a discussion on the legislative provisions that will impact philanthropy and charities. We also discuss next steps for raising our sectors priorities in the government relations arena.
On December 20, 2017, the Council on Foundations released the following statement from President and CEO Vikki Spruill
Independent Sector, the Council on Foundations, and the National Council of Nonprofits, collectively representing tens of thousands of charitable and philanthropic organizations, are unified in opposition to the final tax legislation.
In This Week's Edition of Snapshot: Tax Conference Committee Commences as GOP Leaders Announce a Deal; Congress Avoids Shutdown, Stalls Shutdown Decision; IRS to Pursue Changes to; 1023-EZ in 2018; Clarification on IRS Notice 2017-73; and, In the States: Governors and Lawmakers Prepare for Budget Deficits
There are a number of nuanced similarities and differences between the House and Senate versions of the Tax Cuts and Jobs Act. The Council has prepared an analysis comparing provisions between the two that would impact philanthropy.
In This Week's Edition of Snapshot: Tax Bill Proceeds to Conference Committee; Congress Faces Deadline to Avoid a Government Shutdown; IRS Requests Comments for Certain Situations Involving DAFs; In the States: Governors, Legislatures Struggle to Close Budget Gaps, Illinois Improves Government-Nonprofit Contracting Rules