Tax Reform

+

A nonprofit sales tax has caused confusion and worse: Three new bills may help

“You know, when you open up the tax code, wonderful things can happen and awful things can happen,” said Danielle Clore, the CEO of Kentucky Nonprofit Network, whose organization supports all three bills.

Tags: Tax Reform, Sales Tax, Kentucky
+

Arizona nonprofits brace for federal tax changes

The standard deduction for a married couple almost doubled from $12,700 to $24,000. This means less people will be itemizing, opting to take the standard deduction instead.

Tags: Tax Reform, Charitable Giving, Arizona
+

21 percent federal tax on church, nonprofit parking spaces creating confusion in SC

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. 

Tags: Tax Reform, Parking Tax, South Carolina, UBIT, Transportation Benefits
+

Nonprofits, churches may get hit with parking tax

“It will impact organizations that never had to file these forms. Now they have to,” said David L. Thompson, vice president of public policy for the National Council of Nonprofits in Washington.

Tags: Tax Reform, Transportation Benefits, Parking Tax, UBIT
+

In a year-end scramble, charities worry about the impact of new tax law

Rick Cohen with the National Council of Nonprofits says charities are encouraging average folks to give year-round and changing their messaging, "a focus more on the mission of the organization than on the tax benefit that the donor would receive...

Tags: Charitable Giving, Tax Reform
+

New tax laws affect charitable giving

"There are a lot fewer people who will be itemizing their taxes next year with the doubling of the standard deduction." "Small donations really make a big difference."

Tags: Charitable Giving, Tax Reform
+

New Law Prevents Some Taxpayers From Writing Off Charitable Donations

Changes to the federal tax code — like the doubling of the standard deduction under the new tax law — are expected to impact charities and non-profits, beginning with end-of-year giving.

Tags: Charitable Giving, Tax Reform
+

Trump's 2017 tax bill will likely mean billions less in donations for charities this year

With the donations, the shelter provides emergency housing for 14 families at a time. Sometimes it is parents and children but can also be grandparents and grandchildren.

And it is full virtually all the time, Casson said.

Tags: Charitable Giving, Tax Reform
+

Nonprofits bracing for reductions in charitable giving under new tax laws

Rick Cohen, chief communications officer for National Council of Nonprofits, said many nonprofits still are hoping to avoid the worst of those effects — at least for this year.

Tags: Charitable Giving, Tax Reform
+

Nonprofits Fear a Drop in Year-End Donations Under New Tax Law

“The change is particularly concerning because there are so many nonprofits that are already overstretched and even a small decrease in donations could have devastating effects for a small nonprofit and the people they serve,” said Rick Cohen,...

Tags: Charitable Giving, Tax Reform

Pages

Subscribe to RSS - Tax Reform
Find Your State Association of Nonprofits

Find Your State Association of Nonprofits

Connect with local resources and expertise

Find

Connect With Us

1. Sign up for updates

Stay up-to-date with the latest nonprofit resources and trends by subscribing to our free e-newsletters.

2. Follow us on social media