+David Thompson, vice president for public policy at the National Council of Nonprofits, said he feared the new rules could have a chilling effect on nonprofit mergers and discourage talented workers from jumping into the nonprofit world.
+Section 512(a)(7) of the tax law would impose an unrelated business income tax (UBIT) on the expenses of nonprofits that provide employees with transportation benefits, such as, transit passes and parking. ...
+Based on Mnuchin's and Brady's comments, and House Speaker Nancy Pelosi's recent statement that Democrats will take their time on fixes to the 2017 tax law, Thompson said he's not optimistic repeal will happen anytime soon.
+“The preliminary data is showing for the small- to mid-sized nonprofits, they’re the ones suffering the most.
+Rick Cohen, who is chief communications and chief operating officer of the National Council of Nonprofits, welcomed scrutiny for public charities because he said he believes oversight is a good thing.
+“We know that most people who donate to charitable nonprofits do so because they believe in the mission of the organization and not for a tax deduction,” said Rick Cohen, Chief Communications Officer for National Council of Nonprofits.
+But the nonprofit sector is increasingly worried that no such bill will become law before the filing season comes to an end.
+Charitable revenue from donations of at least $1,000 increased by 2.6% in 2018, according to Monday’s report from the Association of Fundraising Professionals, and there were signs that the tax law is discouraging some gifts.
+Pundits may be harping on a recession, but "I’m not hearing much from nonprofits themselves," says Tim Delaney, head of the National Council of Nonprofits.
+David Thompson predicts that designated parking spots for pastors in Charleston, the so-called “Holy City,” may soon disappear as churches realize they can’t afford a new tax on employee parking.
