Consequences of Inaction on COVID-19 Tax Legislation

We write to thank you for holding this important hearing and to share the views of thousands of charitable nonprofits operating throughout the United States struggling against economic forces to provide relief to people and communities affected by the COVID-19 pandemic. As the hearing title suggests, our country urgently needs Congress to immediately pass essential tax policies to help individuals and families, organizations, businesses, governments, and the economy get through this devastating national crisis. In this letter, we share bipartisan policy solutions that will enable the charitable sector to address the increasing demands for our services, the significant decline in revenues, and numerous challenges that charitable organizations of all sizes are facing.