<p>Report Proposes Improvements to Charitable Deduction</p>

Report Proposes Improvements to Charitable Deduction

Urban-Brookings Tax Policy Center

Expanding the universal charitable deduction to more taxpayers, adding a floor contribution level, and allowing deductions for the previous tax year up to the date of filing would encourage more charitable giving while improving the structure of the incentive, according to a March 17 report released by the Urban-Brookings Tax Policy Center.

<p>Expanding the universal charitable deduction to more taxpayers, adding a floor contribution level, and allowing deductions for the previous tax year up to the date of filing would encourage more charitable giving while improving the structure of the incentive, according to a March 17 report released by the Urban-Brookings Tax Policy Center.</p>