[From: http://pndblog.typepad.com]

“Calls for tax reform by the White House, Congress, and others have led to proposals that would have a direct and profound impact on nonprofit organizations and philanthropy. Of those proposals, one from the House Republicans calls for eliminating the tax deduction for charitable donations, one floated by the White House would eliminate an incentive for charitable bequests, and another from a coalition of nonprofit organizations would expand the deduction to more taxpayers. The three proposals couldn’t be more different.”

Read the full article here.