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Nonprofits Say State Funding Boost Would Save Taxpayers Money
Cromwell in Center of Fight Over Nonprofits’ Tax-exempt Status
Opinion: Census 2020: Connecticut’s avoidable fiscal problem
CCP Public Policy Update: Census Workshops for Nonprofits
CCP Public Policy Update: New Tax Changes
HARTFORD, CT -- CCP Policy Update - Learn about the new tax changes affecting philanthropy and nonprofits.
Universal Health Care Foundation of Connecticut Condemns Court Action to Undo Affordable Care Act
State Attorneys General Sue IRS Over Charitable Contributions
The State Might Not Provide a Grant to Community Nonprofits This Year. The Effects Would Be Painful.
HARTFORD, CT -- As the governor and legislators negotiate a bond package to be considered in the upcoming special legislative session, they are considering not funding the grant program this year. Not funding the grant program would mean that while the state is generating a massive surplus for this fiscal year, as much as $1.6 billion, we would still cut assistance to community nonprofits that provide substance abuse and mental health services, house the homeless, provide residential and day programs for people with developmental disabilities, help people re-enter the community from prison, and promote arts and cultural programs that keep our communities vibrant, to name just a few of the vital programs nonprofits provide.
Response to Financial Challenges: Funder - Nonprofit Survey Report
Three Bills to Make Child Care More Affordable, Accessible
CCP Policy Update: Bills That Would Have Levied Taxes on Nonprofits with Endowments - May 15, 2019
CCP Public Hearing Testimony Against "An Act Concerning Deposits in Lieu of Taxes"
Lamont: Private investors could fund toll start-up costs
CCP Policy Update (3/1/19)
The Growth in Total Household Giving Is Camouflaging a Decline in Giving by Small and Medium Donors: What Can We Do about It?
IRS Announces Higher 2019 Estate And Gift Tax Limits
NEW YORK, NY -- The Internal Revenue Service announced today the official estate and gift tax limits for 2019: The estate and gift tax exemption is $11.4 million per individual, up from $11.18 million in 2018. That means an individual can leave $11.4 million to heirs and pay no federal estate or gift tax, while a married couple will be able to shield $22.8 million. The annual gift exclusion amount remains the same at $15,000. For the ultra rich, these numbers represent planning opportunities. For everybody else, they serve as a reminder: Even if you don’t have a taxable estate, you still need an estate plan.