WASHINGTON, D.C. – Americans wishing to support a veterans services organization (VSO) would have more opportunity to do so with tax-deductible donations under legislation approved by the U.S. House of Representatives. H.R 1432, the VSO Equal Tax Treatment Act (VETT Act) introduced by Ways and Means Committee colleagues Representative Brad Wenstrup (OH-02) and Representative Jimmy Panetta (CA-19) expands VSOs eligible for deductible charitable contributions to all such federally chartered tax-exempt organizations.
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Posted – 9/19/2024