Charities ask congress not to alter donation tax breaks - WALB.com, South Georgia News, Weather, Sports

Charities ask congress not to alter donation tax breaks

ALBANY, GA (WALB) -

Could the income tax deductions you get for giving to charity be reduced or even go away completely?

Lawmakers are considering substantial changes to the charitable giving tax rules.

The leader of one of South Georgia's largest non-profit groups returned to Albany, Friday night, after lobbying members of Congress in Washington.

Officials from dozens of non-profit organizations met with lawmakers in DC Thursday to ask them not to reduce the tax breaks Americans get for donations.

United Way of Southwest Georgia President and CEO LaKiesha Bryant says if those breaks are altered, many organizations could suffer.

"It is going to cause some people to think twice about what they give to an organization and for a community like ours in Southwest Georgia, that can be detrimental. It can actually force some non-profits to close because they really depend on that Philanthropic dollar," said Bryant.

The United Way of Southwest Georgia serves 13 counties, some with a poverty rate over 30%.

Bryant says those people are most vulnerable if tax changes occur.

"These are the people who need our services the most and when non-profits are forced to make decisions about operational dollars or service dollar because they're not giving charitable contributions, that means our community suffers," said Bryant.

Bryant encouraged Congressional leaders to expand tax breaks for charitable giving to encourage people to donate more.

"For donors who give that $25 or $100 gift, it means just as much as that $10,000 or a $25,000 gift, so what we would like congress to do is expand the code to foster more giving because our non-profits need it the most," said Bryant.

After the meetings, Bryant says she feels optimistic congress will do right by the people of America.

"I think it was a great opportunity and I think they really listened to us," said Bryant.

She hopes Congress will make it easier for you to give to charities such as hers.

Tax Policy Center experts predict charitable giving could fall as much as 4.8% if a cap is put on deductions.

 

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