The U.S. payroll tax increase will hurt charitable giving. Here’s what your nonprofit can do.


Have you looked at your paycheck recently? Notice a larger-than-usual chunk missing from it? That’s the payroll tax increase and according to a survey conducted by Ipsos Public Affairs for ChildFund International, this will significantly decrease charitable giving in 2013. One in five say they’ll reduce giving According to the data, the 2% tax increase [...]