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Feds Start Ball Rolling On Charity Incentives

Feds Start Ball Rolling On Charity Incentives
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Nonprofits Get Limited Relief In Stimulus Deal

Nonprofits Get Limited Relief In Stimulus Deal
December 22, 2020
The $900-billion stimulus package approved by Congress in response to the pandemic includes some key measures supported by nonprofit constituencies but some say it doesn’t do enough for the nation’s charities and hope for more Congressional action in 2021.
The COVID-19 Relief Bill and Consolidated Appropriations Act of 2021 funds appropriations for the federal government, includes COVID relief and extends expiring tax provisions. Among the provisions included in the more than 5,000-page bill are an extension of the Universal Charitable Deduction (UCD) through 2021, and another round of Paycheck Protection Program (PPP) funding through March that now includes association. ....

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