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New Charitable Deduction Bill Eyed for Tax Reform Package; Reform Permanence in Question

Chairman Mark Walker, R-N.C. of the Republican Study Committee, the largest group of House Republicans, has introduced tax legislation that would create an additional, new charitable contributions deduction for those who do not itemize. The Universal Charitable Giving Bill (HR 3988), which would also retain the current itemized charitable deduction, would amend the Code to […]

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