December 20, 2017
Gerry W. Beyer, a professor at Texas Tech University School of Law, says the tax bill may also hurt end-of-the-year giving.
He said many taxpayers wait until late December to make donations to charity. It is a cut-off for taking a deduction in the tax year.
"With standard deductions likely going up, these last-minute donors have less incentive to itemize their deductions, which may lead to fewer gifts to charities," he wrote for the Wills, Trusts and Estates Prof Blog.