Trump and House tax plans have one thing in common: They likely hit nonprofits hard

Trump and House tax plans have one thing in common: They likely hit nonprofits hard

Printer-friendly version

"Both would be a sizable hit for not only the nonprofits but also the people that they're serving," said Tim Delaney, CEO of The National Council of Nonprofits. Delaney applauded the idea of simplifying the tax code but said it's vital for Americans to see the fine print first. "The devil is always in the details."

...

"The standard deduction increase will be a disguised assault on charitable giving in the name of tax simplification," Delaney said. "Charitable and philanthropic communities are instead coming together for a universal deduction for giving."
Source Name: 
CNBC
Find Your State Association of Nonprofits

Find Your State Association of Nonprofits

Connect with local resources and expertise

Find

Connect With Us

1. Sign up for updates

Stay up-to-date with the latest nonprofit resources and trends by subscribing to our free e-newsletters.

2. Follow us on social media