Posted by Aviva Aron-Dine and Jonathan Greenblatt on December 7, 2012 at 2:23 PM
A new report by the National Economic Council shows that imposing a dollar cap on itemized deductions would effectively eliminate the charitable deduction for up to 13 million households and for as much as 60 percent of currently deductible giving.
Posted by Anthony Reyes on August 16, 2012 at 3:18 PM
Recently, the Treasury Department announced $186 million in new CDFI investments to 210 organizations. This represents the largest single announcement of award dollars and award recipients in the history of the CDFI Fund.
White House staff and thought leaders in the impact economy are focusing on the Jumpstart Our Business startups (JOBS) Act, which enables "crowdfunding," an innovative approach to raising capital. Rather than depend on a few wealthy individuals or banks, crowdfunding supports startups by letting companies raise up to $1 million in small increments from many investors.