New Tax Law: Understanding the Impacts on Charities and Giving
ASU Lodestar Center
APRIL 17, 2018
Nonprofits rely heavily on giving from private citizens to have the funds necessary to carry out their mission and strengthen their communities. The tax law and jobs act (TCJA) presents many changes for nonprofits to consider in 2018. State and local income and property taxes are now limited to a $10,000 deduction. Key changes.
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