News to Use! What Fundraisers Can Expect from the 2017 Tax Cuts and Jobs Act Expiration
Gail Perry Group
DECEMBER 11, 2024
In 2017, Congress passed the Tax Cuts and Jobs Act (TCJA), which significantly altered the U.S. Here's what else we've learned about TCJA's impact: Lower Tax Rates: Result in a higher perceived cost of giving, with donors feeling less incentivized to offset tax burdens through philanthropy. Here are four ways you can stay ahead: 1.
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