non-profits

CHARITABLE AND BUSINESS DEDUCTIONS TAKEN AWAY IN TAX BILL

 

Home office deductions and deductions for service businesses, self-employed and independent contractors are also slated for elimination

By Miriam Raftery

December 13, 2017 (Washington D.C.) – Nonprofits are voicing concerns over a provision in the Republican tax bill now in Congress that could harm charities by taking away incentives for the vast majority of Americans to donate to nonprofit organizations.