Federal Charitable Act
November 17, 2023
Legislation to incentivize charitable giving for non-itemizer tax payers has been introduced in the House and Senate. The Charitable Act (S.566/H.R. 3435) is bipartisan legislation that would create a non-itemizer or universal charitable deduction of about $4,600 for individuals and $9,200 for couples who take the standard deduction on their income tax forms. The NH Center for Nonprofits supports the legislation.