Tax Cuts and Jobs Act and the Impact on Charitable Giving
It is difficult to predict with any degree of certainty what impact the Tax Cuts and Job Act will have on charitable giving. Hear what John Alfonso, Not-for-Profit Industry Practice Leader, and Tom Lanning, Partner in the Not-for-Profit Industry Practice, share their thoughts on the state of charitable giving, and what charities should be doing to make sure that they don’t lose dollars that may currently be at risk.
This has been prepared for informational purposes, is general guidance only and does not constitute legal or professional advice. You should not act upon the information contained in this publication without first obtaining professional advice specific to, among other things, your individual facts, circumstances and jurisdiction. No representation or warranty (express or implied) is made as to the accuracy or completeness of the information contained in this publication, and CohnReznick LLP, its partners, employees and agents accept no liability, and disclaim all responsibility, for the consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
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InsightThe District of Columbia Requires DC Registered Nonprofits to Renew Tax ExemptionsStarting in 2019, the District of Columbia (DC) Office of Tax and Revenue (OTR) is mandating nonprofit organizations that claim tax-exempt status in DC must reapply for tax-exempt status through an online renewal process.
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