• 2017 Tax Cut Law and Implications for Charitable Organizations

    2017 Tax Cut Law and Implications for Charitable Organizations

    February 6, 2018

    President Trump has signed the 2017 Republican tax cut into law.  Here are the implications for nonprofits: The law doubles the standard tax deduction for individuals which will likely lead to fewer Americans itemizing their taxes, effectively eliminating the charitable tax incentive for many Americans.  This may (or may not) have an effect on giving […]