Friday, December 2, 2022

Play

Group wants rollbacks of some IA voting restrictions; RSV, Flu, COVID: KY faces "Triple Threat" this winter; Appeals court halts special master review of documents seized at Mar-a-Lago.

Play

The Senate passes a bill forcing a labor agreement in an effort to avoid a costly railway worker strike. The House Ways and Means Committee has former President Trump's tax returns in hand. The Agriculture Committee is looking at possible regulations for cryptocurrency following the collapse of cryptocurrency giant FTX. The Supreme Court will be reviewing the legality of Biden s student debt relief program next year. Anti-semitic comments from Ye spark the deletion of tweets from the the House Judiciary Committee GOP's Twitter account.

Play

The first-ever "trout-safe" certification goes to an Idaho fish farm, the Healthy Housing Initiative helps improve rural communities' livability, and if Oklahoma is calling to you, a new database makes it easier for buyers and builders to find available lots.

Tax Deduction for Charitable Donations Expires Friday

Play

Tuesday, December 28, 2021   

There is still time to give to charity and claim a deduction on your taxes, whether you itemize or not, but the temporary pandemic-era deduction expires Friday, the last day of 2021.

The charitable deduction allows a single person to claim a $300 donation, $600 per couple, without the hassle of itemizing.

Liz Moore, executive director of the Montana Nonprofit Association, said now is the time to give.

"$300 goes a long way for little community nonprofits in allowing them to serve and have less reliance on government," Moore pointed out.

Montana is home to about 7,200 charitable nonprofits helping the community in a multitude of ways: addressing issues such as homelessness or hunger, by supporting things like after-school programs, affordable health care, the environment, the arts and more.

Overall, charitable giving is up over the past few years, mainly due to the generosity of mega-donors, but small donations are down.

A study from Indiana University released in July found fewer than half of Americans donated to charity in 2018, down from two-thirds in 2000.

Moore noted it fell after tax reform in 2017 doubled the standard deduction, which may have helped consumers but hurt nonprofits relying on small donations.

"So 90% of all filers can use the standard deduction," Moore stated. "That means they're going to give less, because they don't need it to get that deduction."

Donors are advised to make sure you keep the receipt, so you have proof of the gift when you file taxes this spring.

Disclosure: Montana Nonprofit Association contributes to our fund for reporting on Civil Rights, Environment, Health Issues, and Social Justice. If you would like to help support news in the public interest, click here.


get more stories like this via email
According to the Brennan Center, at least one bill with a provision restricting access to voting was introduced in the legislature of every state except Vermont in 2021. (Adobe Stock)

Social Issues

The Iowa League of Women Voters plans to ask the Iowa Legislature to rethink the voting restrictions put in place prior to last month's midterm electi…


Environment

Agriculture groups and government agencies aren't slowing down in trying to convince farmers to use more sustainable practices such as cover crops…

Social Issues

Winter is here, leaving many older South Dakotans vulnerable to social isolation. But a growing body of research, as well as opportunities, shows …


Almost 60% of Black students and 50% of Latino students experience food insecurity, compared with 30% of their non-Hispanic white peers, according to a study by the Wisconsin HOPE Lab. (Adobe Stock)

Social Issues

By Jala Forest / Broadcast version by Nadia Ramlagan Reporting for the Kent State-Ohio News Connection Collaboration Nearly 40% of college students a…

Environment

The Biden administration has proposed a rule to limit methane flaring from oil and gas development on public lands. The rule would impose royalty …

Each year in the United States, an estimated 58,000 to 80,000 children younger than 5 are hospitalized due to RSV infection, according to the CDC. (Adobe Stock)

Social Issues

The flu, COVID and RSV are rapidly spreading in Kentucky, and health experts say that's a problem for hospitals, schools and the state's vulnerable …

Environment

As its 125th anniversary nears, the Connecticut Audubon Society has released a report detailing the effectiveness of conservation efforts in the …

Social Issues

2022 was a banner year for women elected as governor. Nearly one-third of America's governors will be women next year, which is a record. Iowa …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021