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April 2018 » First Look at the Tax Cuts and...
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Mark A. Nickerson, CPA
On December 22, 2017, the Tax Cuts and Jobs Act (TCJA) was signed into law by President Trump. Numerous revisions to the tax code, most which have taken effect as of January 1, 2018, have some nonprofit organizations concerned about the potential impact on individual charitable giving. A closer analysis reveals that both positive and negative aspects stem from the new tax law.
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