There’s a lot of confusion, as well as worry, about how the new tax laws may affect donations for non-profits. Will individuals still donate if they can’t get a write-off for those donations? Is charitable giving still deductible in any way? If individuals can’t write off their donations, will they still give? Will they donate less? These are all good questions and we will post updates, useful information and links on this page as it becomes available. As a starting point, we found this 2018 Tax Law checklist posted by the Council of NonProfits to be an interesting and useful tool.
How do the new tax laws affect non-profits?
There’s a lot of confusion, as well as worry, about how the new tax laws may affect donations for non-profits. Will individuals still donate if they can’t get a write-off for those donations? Is charitable giving still deductible in any way? If individuals can’t write off their donations, will they still give? Will they donate less? These are all good questions and we will post updates, useful information and links on this page as it becomes available. As a starting point, we found this 2018 Tax Law checklist posted by the Council of NonProfits to be an interesting and useful tool.