advertisement
Jan 1, 2011 12:00 PM
The Battle For the Charitable Tax Deduction
The debate continues on how to fund nonprofits
American society has long been defined by an intricate and unique combination of the roles of government, business and the non-profit sector. Other cultures exist with most, if not all, of their society's needs met by business and government sectors that divide responsibility for funding religion, healthcare, education, welfare and other social needs. The role of the non-profit sector is minimal, if it exists at all. The Soviet Union, in its prime, springs to mind as a system in which the government attempted to meet all of society's needs.
When our founding fathers decreed that there be a separation of church and state, they assured a permanent role for the non-profit sector in this country. What they didn't do, however, was provide for how it would be funded. America's citizens responded by developing a somewhat unique system of voluntary action and financial support designed to meet many of society's needs. Over time, this solution has become intertwined with our nation's tax policies.
Sign in to
view the full article
Not a subscriber?
Subscribe & Save
Get immediate access to Trust & Estates onlineSubscriber Benefits
Learn more about Trust & Estates magazine, online article access and our free enewsletters.
Topics of Interest
| Estate Tax | Donor Advised Funds |
| GSTs | Family Offices |
| Private Foundations | Life Insurance |
| 2010 Tax Act News | Industry Trends Surveys |
E-Newsletter Signup
Poll
Topics of Interest
| Estate Tax | Donor Advised Funds |
| GSTs | Family Offices |
| Private Foundations | Life Insurance |
| 2010 Tax Act News | Industry Trends Surveys |
E-Newsletter Signup
advertisement
T&E eNewsletters
Wealth Watch 
Wealth Watch is a free e-newsletter delivered twice a month with expert advice on wealth management from Trusts & Estates.
Latest from Wealth Watch
Tech. Review
Technology Review is a free monthly e-newsletter from Trusts & Estates and nationally renowned expert Donald H. Kelley. It is geared to keeping estate planning lawyers current on the latest tech news they can use.
Latest from Tech. Review
Philanthropy Tax Guide
Each month, Conrad Teitell reports on and analyzes as important tax development governing charitable contributions, including how to maximize the benefits and avoid the pitfalls.
Latest from Conrad Teitell
2011 Trust Glossary
Click here to download the 2011 Trust Glossary
50 Years Ago This Month
| 50 years ago, in May 1962, we featured articles such as: "Future of Canadian Trusteeship" by Arthur H. Mingay", "Training Trust Employees" by Ian M. Marr, "What is a Trust Officer?" by Eric J. Brown, and "Selling Services" by Donald I. Webb. |
Conrad Teitell's Guide to Tax Benefits For Charitable Gifts
Click here to view the most up to date guide (September 2011)
Press Releases
advertisement
advertisement
