Research

Implications of tax overhaul for charitable giving

    The Republican-led Congress has passed comprehensive tax reform. The Tax Cuts and Jobs Act (TCJA) is expected to reduce income taxes for all income groups in 2018, with the greatest reductions going to the highest-income groups, according to the nonpartisan Tax Policy Center.

    For philanthropy teams, there's some good news: the tax deductibility of charitable donations is preserved.

    But there’s also bad news: TCJA’s specific policy changes may discourage giving.

    Log in to access this content

    Log in

    Don't have an account? Learn about membership benefits

    Have a Question?

    x

    Ask our experts a question on any topic in health care by visiting our member portal, AskAdvisory.

    X
    Cookies help us improve your website experience. By using our website, you agree to our use of cookies.