+Brady amends his tax package to help nonprofits
While Brady's bill may not ultimately become law, there has been bipartisan criticism of the tax on nonprofits' expenses for transportation benefits.
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+Charities brace for fallout from tax law
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.
+Nonprofits battle a new tax affecting nonprofit commuters
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...
+National Council of Nonprofits Applauds Bipartisan Letter Calling for Delay of New Taxes on Tax-Exempt Organizations
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...
+Charities fear hit from Trump tax law during holidays
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.
+Giving Thought: Tax law could impact charitable giving
"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.
+Season for Sharing: Will tax reform affect how Arizonans donate to charities?
"These donors know about tax reform in the abstract but have not fully considered how the increased standard deduction affects them," Fidelity said.
+Nonprofit Leaders Expecting Federal Gridlock
David Thompson, vice president of public policy at the National Council of Nonprofits, fully expects gridlock given the divided branches of government.
+Charities worry and wait
“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.
+‘Nuanced' tax law is no gift to charities
"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...
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