Season for Sharing: Will tax reform affect how Arizonans donate to charities?

Season for Sharing: Will tax reform affect how Arizonans donate to charities?

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"These donors know about tax reform in the abstract but have not fully considered how the increased standard deduction affects them," Fidelity said.

Kristen Merrifield, CEO of the Alliance of Arizona Nonprofits, said feedback from more than 200 charities operating in the state indicates this is a concern, with a lot of people not yet having thought through the personal implications of tax reform.

"For a lot of people, the light bulb won't go on until they file their taxes in 2019," she said. Any donation drop-off thus might not be fully felt until next year.

Source Name: 
Arizona Republic
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