Nonprofit Tax Changes Are Possible This Year, Says House Aide

Nonprofits could see important changes in tax policy from Congress during the current session even though a broad tax overhaul is unlikely to advance this year, according to a leading tax expert in the House. Provisions like the charitable deduction are unlikely to change this year. But other areas of charitable tax policy are up for grabs, said Harold Hancock, tax counsel for the House Ways and Means Committee.