Charities Ask Congress to Ease Gas Price Burden
By STEPHANIE STROM
High gasoline costs have put a crimp into volunteer activity at charities across the country.
Organizations, including the American Red Cross and Catholic Charities, have complained that the current tax deduction for use of a personal car while performing volunteer services for charities was too low at 14 cents a mile. That is compared with 58.5 cents a mile for corporate employees who use their cars for business purposes.
More than 100 charitable groups have signed a letter asking Congress to address the problem. And on Wednesday, four senators plan to announce a proposal to reset the charitable mileage deduction to 70 percent of the corporate deduction.
Read More of the article on the New York Times web site ...


There are no comments for this entry.
[Add Comment]