According to the National Bureau of Economic Research (NBER) The Tax Cuts and Jobs Act (TCJA), signed into law in 2018 eliminated incentives for charitable giving for about 20% of US taxpayers. One of the signature moves in the act was to increase the amount of the Standard Deduction to $25,000, which more or less Read More
The post How Trump’s Tax Policies Decreased Philanthropic Giving appeared first on Philanthropy Women.
The post How Trump’s Tax Policies Decreased Philanthropic Giving appeared first on Philanthropy Women.