Nonprofits Step Up Pressure to Keep Charitable Deduction Intact

Nonprofits are stepping up the pressure on Congress and President Obama to protect the charitable deduction as elected officials continue to debate spending cuts and tax increases to reduce the national deficit. More than 225 nonprofit leaders are scheduled to arrive in Washington on Tuesday to begin a two-day lobbying effort to warn Congress about what they say will be great harm to their organizations if the charitable deduction is reduced.