Fiscal cliff law brings mixed news to charitable organizations | TribLIVE

Fiscal cliff law brings mixed news to charitable organizations | TribLIVE: Charity leaders say they‘re relieved the tax law Congress passed on New Year‘s Day does not more severely limit the tax advantages of making donations.

The American Taxpayer Relief Act of 2012, which kept the country from going over the “fiscal cliff,” erases some uncertainty about tax rules that affect giving but still might impact charities and donors, the leaders said.

“There‘s some good in it and some bad in it for charities,”