Tax Cuts and Jobs Act

It is, many say, the season of giving. Filled with goodwill and grace from the wide array of winter holidays, and eager to meet the year-end deadline for tax purposes, people across the country use the final days of the year to dedicate financial resources to their favorite nonprofit arts and community organizations. But the new Tax Cuts and Jobs Act, signed into law on Dec. 22, makes this giving season even more significant.