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Changes in the Tax Code Could Affect Not-For-Profits
Posted by Robert Karon on Tue, Jan 31, 2017 @ 08:41 AM

Comprehensive tax reform supported by President Donald Trump and House Republicans could have a ripple effect on not-for-profit organizations.

During his presidential campaign, President Trump advocated for reform of the tax code. Among other items, he proposed eliminating the estate tax, a provision also favored by the House Republicans’ Tax Reform Blueprint. Proposed changes to the amount of itemized deductions individuals can claim for tax purposes have also been supported by both House Republicans and President Trump.

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Topics: not-for-profit, NFP, nonprofit, Bob Karon

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