From Deductions to Donations: What’s Changing for Nonprofits in the Newest Tax Bill

Let’s start with the name: The One, Big, Beautiful Bill. It reads more like a marketing gimmick than public policy. But the “One, Big, Beautiful Bill” carries serious implications for nonprofits, and not the good kind. Released on June 16, the revised Senate tax bill proposes (another) massive shift in how charitable giving is treated. […]