Nonprofits anxious over new tax law

Nonprofits anxious over new tax law

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Many who used to itemize deductions may see that its really no longer beneficial to do so. 

Nonprofit Association of the Midlands CEO Anne Hindrey said there's a lot of worry from their members, "Individual donations create the largest portion of our revenue stream so that's why we were so concerned about it".

According to a study from Indiana University, $13 billion a year will be lost from nonprofits nationally and over 230,000 jobs could be lost.

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