The past 18 months have been full of challenges for nonprofits. Adding on to the scope are several significant tax changes for nonprofits and updated guidance that has been released. Some changes can be traced back to the Tax Cuts and Jobs Act (TCJA) of 2017 and are just now receiving guidance or enforcement. Here
Tag: charitable giving
Charitable Contribution Rules for Businesses Change Under the CARES Act
In order to incentivize charitable giving, the CARES Act made some liberalizations to the rules governing charitable deductions.