+Sheila Bravo, president and chief executive officer of the Delaware Alliance for Nonprofit Advancement, said it may take her organization two or three years until it can get a sense of the implications from tax law changes.
+The Nonprofit Coordinating Committee of New York is urging action on an outstanding bill that would prevent a tax on commuter benefits. Changes to the federal tax code left nonprofits vulnerable to the Unrelated Business Income Tax, but the state...
+Washington, DC – In response to a letter sent by Senators Chris Coons (D-DE) and James Lankford (R-OK) to Treasury Secretary Mnuchin, calling for a delay in the implementation of two...
+Nonprofits had urged lawmakers and the Trump administration to incorporate such a deduction into the tax-cut law as it was being drafted, and they are continuing to make the case for the idea.
+"It's estimated that as few as 5 percent of taxpayers nationwide will continue to itemize their deductions," says Renny Fagan, president and CEO of the Colorado Nonprofit Association.
+"These donors know about tax reform in the abstract but have not fully considered how the increased standard deduction affects them," Fidelity said.
+David Thompson, vice president of public policy at the National Council of Nonprofits, fully expects gridlock given the divided branches of government.
+“While we're not expecting to be able to see the full picture until year-end or even into next year, we are seeing some early indicators” of a downturn, said Rick Cohen, COO of the National Council of Nonprofits.
+"It is going to be somewhat tricky in communicating to people about this change to charitable giving in part because Congress did not technically touch the century-old charitable giving incentive," said Tim Delaney, president and CEO of the...
+Delaney told NPQ, “While the experts on both ends of the political spectrum are projecting huge losses in charitable giving of between $17 billion to $21 billion annually, I don’t think it will be quite that bad this first year, because...
