Trump’s ‘big’ bill gives millions of taxpayers a new charitable tax break, but whether it will help nonprofits is unclear
The multitrillion-dollar bill that President Donald Trump signed into law on July 4, 2025, will change how the U.S. tax code treats charitable donations. It also has several tax provisions that affect some colleges, universities and other nonprofits. The Conversation U.S. asked Daniel Hungerman, an economist who studies charitable activities and public policy, to explain […]
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