Friday, September 28, 2018

How Nonprofits Should React to the New Tax Law

    In her article, Joan Gerry, discusses what is on everyone’s mind in the nonprofit community, how to react to the new tax law. She begins her article by explaining the two sides of the argument on if nonprofits will get less donations. Some people believe that because wealthier Americans will have more income, they will donate more money, offsetting the decrease in donations because of the increase in the standard deduction. On the other hand, some people believe that there are not enough wealthy Americans to offset the number of people who will now choose the standard deduction. The bulk of the article discusses how nonprofits can revamp their fundraising efforts to get more donations. To learn more about how to increase donations for your nonprofit, click here: https://www.joangarry.com/new-tax-law/

 

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https://lawprofessors.typepad.com/nonprofit/2018/09/how-nonprofits-should-react-to-the-new-tax-law.html

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