+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.
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+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...
+Our Burning Platform for a Universal Charitable Deduction
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...
+How workers could give to charity just like they give to their 401(k)
David L. Thompson, vice president of public policy at the National Council of Nonprofits, said the Everyday Philanthropist Act is appealing because of its simplicity, but there are some “devilish” details that need to be worked out.
+Minnesota cuts taxpayers a break on 2018 deductions
The Revenue Department's decision is welcome news to charities, said Taylor Putz, a public policy advocate at the Minnesota Council of Nonprofits.
+IRS Has Plan to Shut Down SALT Workarounds
Much is at stake, said David L. Thompson of the National Council of Nonprofits, adding that several arguments need to be addressed during the public comment period.
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