Check out what happened last month in
has discovered an alarming trend.
From Patriot Act provisions limiting who
charities can donate to, to changes affecting those who donate, the
federal government is increasingly active in non-profit regulation.
What gives? What are the effects for Florida
Here's an excerpt of this month's
"It began late last year with the change in tax law limiting
the tax incentive in donating cars to charity.
The existing provision that allowed an entity to claim the fair market
value of the car for tax deduction was scrapped and non-profits around
the country began worrying—car donations, believe it or not, compromise
a large number of donations.
Until numbers are released later this year, we won’t know for sure the
impact of this change in tax law, but one thing is certain: the federal
government has developed a strong interest in further regulating
Interested in reading more? Read the entire article in this month's
edition of Florida Funding.
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