Rep. Kelly Introduces Charitable Giving Extension Act

Rep. Kelly Introduces Charitable Giving Extension Act

News story posted in Legislative on 26 September 2013| 1 comments
audience: National Publication | last updated: 26 September 2013
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Summary

Representative Mike Kelly (R-PA), a member of the House Ways and Means Committee, issued the following statement today after introducing H.R. 3134, the Charitable Giving Extension Act, which would allow taxpayers to deduct their charitable contributions of the previous tax year until April 15 of the following year, in order to coincide with tax filing deadlines.

FOR IMMEDIATE RELEASE

Contact: Tom Qualtere

September 19, 2013 202-226-4383

Rep. Kelly Introduces Charitable Giving Extension Act

WASHINGTON — Representative Mike Kelly (R-PA), a member of the House Ways and Means Committee, issued the following statement today after introducing H.R. 3134, the Charitable Giving Extension Act, which would allow taxpayers to deduct their charitable contributions of the previous tax year until April 15 of the following year, in order to coincide with tax filing deadlines. According to studies by the Center on Philanthropy at Indiana University, 88 percent of U.S. households donate to some form of charity.

“Today I was proud to introduce a quintessentially American bill. Voluntarily giving to others in need is a hallmark of the American character and part of what makes our country great. Our laws should encourage it and seek to make such generosity as easy to carry out as possible. The Charitable Giving Extension Act would incentivize more charitable giving while enabling Americans to save more money. I encourage all of my colleagues on both sides of the aisle to support it.”

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Re: Rep. Kelly Introduces Charitable Giving Extension Act

The idea is deranged. It creates another layer of tax complexity. Will these people ever learn. Taxpayers will deduct the expenses in both years because they cannot remember. Start simplifying taxes. Do your job and stop taking time away from creativity and entrepreneurial activity. Accountants are overburdened and this stupid idea will not help.

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