In December of last year, Congress enacted the Tax Cuts and Jobs Act of 2017. This legislation represents the most far-reaching changes to the Federal Tax Code in more than 30 years. The provisions of the new tax law will touch the life of virtually every American in some way beginning this year.
In addition to rate cuts, a number of widely used income tax deductions, credits and adjustments were repealed or curtailed. The very good news is the charitable deduction came through the process unscathed and was even enhanced for some donors. Other changes, such as the repeal of the Pease Limitation, will make charitable and other deductions more valuable for many higher income taxpayers.
Unfortunately, dire predictions of decreases in giving due to provisions of the new law were published during the summer and fall and read by many fundraisers and donors. Unless charitable organizations and institutions act quickly to inform their donors of the positive news in the final legislation, misinformed predictions could become self-fulfilling prophecies.
This webinar, presented by Gonser Gerber and Robert Sharpe, will discuss the tax reform, and outline the helpful details in the Sharpe Group pamphlet “Your Guide to Effective Giving After Tax Reform,” a helpful tool for informing donors of the realities of tax reform and charitable giving. The webinar is directed to those who work with prospects and donors, and it includes a number of strategies to help donors maximize their giving by taking full advantage of powerful incentives still in place.
The fee is $295 per institution, which allows your entire team the opportunity to participate in this professional development at the same time. If you are a current client of Gonser Gerber Advancement Consulting, that fee is just $145. You will also receive a copy of the presentation and a recording of the webinar with your registration.
Robert Sharpe is a nationally recognized pioneer, leader and authority in the field of philanthropy. With more than 35 years of experience serving America’s nonprofit community, he consults nationally with educational, health, social service, arts and religious organizations and institutions in the planning and implementation of their major, planned gift and endowment development efforts. A graduate of Vanderbilt University and Cornell Law School, he served as a development officer for a liberal arts college prior to practicing law with a major law firm specializing in taxation and estate planning.