Nonprofits nervous as giving declines with new tax law

Nonprofits nervous as giving declines with new tax law

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Changes to federal tax law that took effect in 2018 removed at least part of that incentive, and local nonprofits are starting to feel the strain.

"We are concerned that the initial numbers that have come in from IRS data and from surveys of nonprofits suggest there has been somewhat of a drop in giving," said David Heinen, who is the vice president for public policy and advocacy for the North Carolina Center for Nonprofits.

Source Name: 
WRAL
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