If you are involved with a North Carolina nonprofit, you’ve probably heard from the Center in recent weeks (probably more frequently that you would like!) encouraging you to take action to protect the Johnson Amendment. Based upon the high volume of calls, tweets, and letter signers from North Carolina (more than any other state!), it’s clear that many nonprofit staff and board members are legitimately concerned about the potential politicization of our sector.
FOR IMMEDIATE RELEASE
November 17, 2017
CONTACT: David Heinen, Vice President for Public Policy and Advocacy, 919-790-1555 x.111, firstname.lastname@example.org
RALEIGH – A new analysis of the Tax Cuts and Jobs Act indicates that several provisions of the congressional tax reform plans would make it harder for charitable nonprofits throughout North Carolina to provide critical services in their communities.
This fall, Congress is in the process of rewriting the Internal Revenue Code with the dual goals of lowering individual and corporate income tax rates and simplifying our nation’s tax laws. This tax overhaul has major implications for 501(c)(3) nonprofits.
Excerpt below. Download the PDF at bottom.
Excerpt below. Download the full 2-page PDF at bottom.