The New Federal Tax Law and New Jersey Non-Profits

by Linda M. Czipo

IRS Form 1040 2017The new tax law, the measure formerly known as the “Tax Cuts and Jobs Act,” represents the most comprehensive overhaul of the federal tax system in decades. Although the full impact of the law is still unfolding, most of the law’s provisions are effective as of January 1, 2018, so non-profits need to take steps now to understand and adapt to the changes. Following is a discussion of some of the key elements of the law affecting 501(c)(3) organizations, as well as some elements that did not make it into the final statute.

Continue reading →

Tips for Making Informed Giving Decisions

by Linda M. Czipo

Every day, our lives are touched in some way by the work of charitable organizations. Charities play an essential social and economic role in making our communities attractive places to live, work and grow.

While a slow economic recovery and rising demand for charitable services mean that charities need donor support more than ever, donors may become overwhelmed by the various requests for contributions. For donors trying to sort through these appeals, wise giving choices have never been more crucial.

You don’t need to have an elaborate plan to “do good,” but you can take steps that will help you to be confident in the decisions you make.

Continue reading →