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5 Ways Nonprofits Can Offset Loss of Deductions

5 Ways Nonprofits Can Offset Loss of Deductions

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September 2018

Because of the enactment of last year’s Tax Cuts and Jobs Act, fewer taxpayers will use itemized deductions on future tax returns. Although this could mean a reduction in charitable giving, your nonprofit may have options for mitigating any potential revenue loss from the new tax law.

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