Month: February 2018

2017 Tax Cuts and Jobs Act – Provisions of Interest to Nonprofits

Various provisions of the 2017 Tax Cuts and Jobs Act, H.R. 1, are expected to have significant impacts on charitable giving, among other changes that will affect not-for-profit organizations.  To help you make sense of some of the changes we have summarized the various provisions that may impact non-for-profit organizations.

Tax Reform Highlights for Not-For-Profit-Organizations

If you have any question or are interested in understanding how these provisions may impact your not-for-profit, contact one of the non-profit specialists at CW Associates, CPAs for additional information.

Historic tax reform legislation passed

President Trump signed the Tax Cuts and Jobs Act (H.R. 1) into law on December 22, 2017.  The new law includes numerous proposals that affect individuals and businesses.  A summary of certain provisions in the Tax Cuts and Jobs Act can be found in the Tax Reform Update section of the CW Associates, CPAs website, which will be updated as additional information and guidance is issued.

If you have any question or are interested in understanding how these provisions may impact your business, please contact CW Associates, CPAs at (808) 531-1040.