2017 Tax Law’s Impact On Giving: What Economists Don’t Get
Since December 2017, the nonprofit sector has been buzzing with speculation about how the increase in the standard deduction, resulting in a decrease in the number of people who itemize their taxes from 30% of the population down to 10%, will impact charitable giving. The prediction by economists is that people who do not itemizeRead More 2017 Tax Law’s Impact On Giving: What Economists Don’t Get
Nonprofits Fear Impact of Trump Administration Plan to Cut Capital-Gains Tax
A tax break tilted toward the wealthiest Americans that Treasury Secretary Steven Mnuchin pushed this week would dampen charitable giving, according to some nonprofit-policy experts, providing more unsettling news to charities already worried about the impact of last year’s tax overhaul.
Tax Reform and Nonprofit Clout
What impact did the not-for-profit community have as it conveyed its concerns about the bill’s potential dampening effect on giving? The Chronicle of Philanthropy provides a perspective.
2017: A Very Important Tax Year
As the House and Senate work on reconciling the details of their two tax plans, there is one thing we know for sure: Change is coming in 2018.
Potential Impact of the Tax Proposal on the Arts
While we don’t know what will eventually come out of Congress, one thing is for sure: It is better to have a plan and not need it than to arrive at January 1 with no plan for dealing with a new reality that promises to confuse donors and discourage charitable giving to our organizations.
Potential Impact of the Tax Proposal on Museums
While we don’t know what will eventually come out of Congress, one thing is for sure: It is better to have a plan and not need it than to arrive at January 1 with no plan for dealing with a new reality that promises to confuse donors and discourage charitable giving to our museums.
Potential Impact of the Tax Proposal on Nonprofits
Tax reform legislation has been introduced in the House of Representatives with potentially significant implications for the not-for-profit sector, particularly higher education, and especially major college athletic programs.
