Tax Policy Changes, Strength of U.S. Economy Lead to Mixed Outlook for Charitable Giving
With the passage of the Tax Cuts and Jobs Act and recent trends in stock market performance over time, Americans can expect major changes in the landscape of charitable giving in the coming years, The Philanthropy Outlook 2018 + 2019 indicates. It shows that the strength of the U.S. economy and recent changes to federal tax policy will be the key forces to watch as the 2018 philanthropy picture unfolds.