+Calif. Bill Keeps Charitable Deduction in Reach for More Taxpayers
California nonprofit leaders have endorsed a maneuver in the state legislature that would allow the state’s taxpayers to offset the loss of state and local...
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+Nonprofit groups grapple with tax changes
The implications for nonprofit groups could be drastic— the council estimates it could reduce nonprofit giving by $13 billion a year, according to its analysis of the tax plan.
+Tax reform could affect charitable giving
A Colorado Nonprofit Association analysis of 2015 Colorado tax data suggests that most Colorado taxpayers with incomes under $200,000 will save more on taxes by taking the increased standard deduction, leaving no federal tax benefit for them to...
+Season for Sharing: How the new tax law could mean a drop in charitable donations
The new laws could begin to affect non-profits as early as this fall, said Kristen Merrifield, CEO of the Alliance of Arizona Nonprofits.
+Tax Law Could Deliver Billion-Dollar Blow to Social Services
Nonprofits that work in human services are likely to experience bigger impacts from the reduction than others, says David Thompson, a vice president at the National Council of Nonprofits.
+‘Nonprofits need to rally quickly’ to stave off the worst effects of the new tax law
It’s not that people will stop giving, it’s just that they won’t be incentivized to give as much, Delaney said. And there will be very real consequences from this shortfall.
+Charities trying to gauge impact of federal tax reform on giving
“Charitable giving incentives are not 100% of the solution, but people give more when there are incentives,” said Joan Gustafson, external affairs director at the Lansing-based Michigan Nonprofit Association.
+LGBTQ nonprofits fear 'disastrous' losses under new tax plan
Tim Delaney, CEO of the National Council of Nonprofits, characterized several aspects of the plan as “disastrous” for the sector as a whole and cited estimates from the Tax Policy Center that the...
+Nonprofits anxious over new tax law
Many who used to itemize deductions may see that its really no longer beneficial to do so.
+Less optimism for nonprofits
And in Oklahoma, we are gearing up for another legislative session that will most likely be challenging as we attempt to erase budget gaps and find sources of revenue.
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