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NDANO Submits Comments to IRS Regarding Proposed Rules Change Regarding State Giving Tax Credits

This morning, NDANO submitted comments to the IRS regarding its proposed regulations to change how the federal government will treat donations to charitable nonprofits that generate state or local tax credits. NDANO encourages North Dakota nonprofits to submit comments by the Oct. 11 deadline.

If adopted, the regulations would result in a reduction of the charitable contribution deduction allowed for donors that benefit from the North Dakota's Endowment Fund Tax Credit, among others.

Read NDANO's comments and learn more about the proposed regulations and how to submit comments.