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New Charitable Contribution Regulations May Require Not-For-Profits to Step-Up Their Game
Posted by Bill Smith on Thu, Sep 6, 2018 @ 06:30 PM

The 2017 tax reform law gives donors more of an incentive to make charitable contributions, increasing the deduction allowed for cash contributions to public charities from 50 to 60 percent of adjusted gross income. Substantiating that deduction, however, may be more challenging due to recently finalized IRS regulations.

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Topics: Charitable contribution planning, charitable giving, not-for-profit, Charitable Contribution Deductions, Tax Reform, Taxes, Bill Smith, Nate Smith

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