For decades, nonprofit organizations have offered solutions to many problems that exist in our society. From disasters which have affected the living conditions of people in different areas to attempting to raise the living standards in the community, the donations made by nonprofits have made a huge impact on society. Nonpartisanship has become a cornerstone of nonprofits that has strengthened the trust of these organizations by the public allowing charitable and philanthropic communities to continue to grow. Federal tax law has protected charitable organizations, foundations, and religious congregations from political interference, political consultants, and operatives who may use them for financial gain and other activities.

New technologies emerge on almost a daily basis. This includes those that focus on digital identity, elections, healthcare, mobile payments and others. With this advancement in technology also comes the need for organizations to adopt new strategies and new ways of doing things. Just like other businesses, nonprofits must continue to grow technologically by incorporating new innovations in their operations and exploring the opportunities that come their way.

With the highly anticipated GOP Tax Bill in full gear, there is a need to take a critical look at how the new laws will affect giving to nonprofits. Here are some of the new tax laws,  how they will affect both corporate and individual giving, and how nonprofit organizations can maximize the new opportunities the new tax laws present. First, let's see some provisions made in the new tax laws.