H.R. 4585 · 117th Congress

Everyday Philanthropist Act

Stage
In committee
Introduced
2021-07-20
Latest action
2021-07-20 · Introduced in House

Summary

Everyday Philanthropist Act

This bill allows employers to offer certain employees a tax-advantaged flexible giving account as a fringe benefit. Flexible giving accounts allow employees to set aside up to $2,700 of their annual pretax earnings to make tax-deductible charitable contributions without having to itemize tax deductions.