
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.
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.
"These donors know about tax reform in the abstract but have not fully considered how the increased standard deduction affects them," Fidelity said.
The new laws could begin to affect non-profits as early as this fall, said Kristen Merrifield, CEO of the Alliance of Arizona Nonprofits.
The Alliance of Arizona Nonprofits offers member prospects an incentive to join with two free webinars, which provide practical value.
As champions for our strong and vital non-profit sector, the Alliance of Arizona Nonprofits and its members believe every individual deserves to make a living wage.
Each individual donation in 2015 averaged $86, according to Kristen Merrifield, Alliance of Arizona Nonprofits CEO, which manages Gives Day.
Once the Alliance for Arizona Nonprofits sent out a poll to its members to see how they were taking the issue, the response reflected an overwhelming desperation for a solution, and that it was "extremely concerning."
"The non-profit sector has taken longer to rebound from the economic downturn than the for-profit sector," said Kristen Merrifield,chief executive officer of the Alliance of Arizona Nonprofits.
We’ll take a look at how non-profits impact the employment sector.
Kristen Wilson, CEO of the Alliance of Arizona Nonprofits, said, "While we are making progress, nonprofits in Arizona still struggle with engaging wealthy individuals," she said.