Expert: New tax bill will discourage charitable donations

<p>Experts say the newly passed tax overhaul bill will discourage charitable donations, which could affect nonprofits in Westchester and the Hudson Valley.</p>

News 12 Staff

Dec 30, 2017, 9:32 PM

Updated 2,316 days ago

Share:

Experts say the newly passed tax overhaul bill will discourage charitable donations, which could affect nonprofits in Westchester and the Hudson Valley. 
The Nyack Homeless Project is a nonprofit that helps keep thousands warm during the bitter cold winter. Organizer Joe Hazucha says it services about 8,500 people in Rockland County.
The charity is run purely by volunteers, which is why Hazucha says every donated penny counts.
"Financial donations are essential," he says. 
The new tax plan limits the number of people who can itemize their taxes, which means those taxpayers will be unable to deduct charitable contributions.
"I would say we are going to struggle," says Hazucha. 
His nonprofit is not alone. News 12 spoke with Alana Sweeny, with the United Way of Westchester and Putnam, a nonprofit that provides a number of community services, including helping those living near the poverty line connect with resources. 
"We raise about $8 million in Westchester and Putnam," she says. "We are looking at about a $400,000 drop. That's significant."
Hazucha hopes Hudson Valley residents will still give even if they don't get a tax incentive.
"There are a lot of people with good hearts, and I count on the good hearts," says Hazucha. 
Some members of Congress have called for corrections to the tax bill in early 2018.


More from News 12
2:07
SUNY Purchase students 'scared to go outside' after college police raid encampment

SUNY Purchase students 'scared to go outside' after college police raid encampment

1:41
Afternoon showers for Saturday in the Hudson Valley; batches of light rain for Sunday

Afternoon showers for Saturday in the Hudson Valley; batches of light rain for Sunday

1:39
Police: 133 arrested during growing pro-Palestinian demonstration on SUNY New Paltz campus

Police: 133 arrested during growing pro-Palestinian demonstration on SUNY New Paltz campus

0:46
Driver crashes into Yonkers dry cleaning business

Driver crashes into Yonkers dry cleaning business

0:20
Police corral horse on the loose in New Rochelle

Police corral horse on the loose in New Rochelle

0:47
State officials: $11M in funding allocated for flood mitigation projects in Mamaroneck

State officials: $11M in funding allocated for flood mitigation projects in Mamaroneck

0:58
Report: More people going hungry in NY despite economic growth

Report: More people going hungry in NY despite economic growth

0:27
Westchester's NCADD honors News 12's Jonathan Gordon with 'humanitarian award'

Westchester's NCADD honors News 12's Jonathan Gordon with 'humanitarian award'

1:01
Monticello police sergeant alleges retaliation for working with prosecutors to arrest ex-officer

Monticello police sergeant alleges retaliation for working with prosecutors to arrest ex-officer

3:21
Bridge over section of I-95 in process of being demolished due to damage from truck fire

Bridge over section of I-95 in process of being demolished due to damage from truck fire

0:41
Police: Child sustained minor injuries when struck by on-duty Monticello police officer

Police: Child sustained minor injuries when struck by on-duty Monticello police officer

0:33
Volunteer firefighter dies in Tuxedo motorcycle crash

Volunteer firefighter dies in Tuxedo motorcycle crash

0:30
Ex-Brewster village officer sentenced for protecting prostitution businesses

Ex-Brewster village officer sentenced for protecting prostitution businesses

0:32
Rep. Ryan calls for planned Central Hudson rate increase to be denied

Rep. Ryan calls for planned Central Hudson rate increase to be denied

0:21
Yonkers Art unveils 2 new exhibits ahead of weekend festival

Yonkers Art unveils 2 new exhibits ahead of weekend festival

1:26
Look up! Annual Eta Aquarid meteor shower peaks early Sunday morning

Look up! Annual Eta Aquarid meteor shower peaks early Sunday morning

0:33
Dobbs Ferry man facing federal charges of illegal possession of firearms, ammunition

Dobbs Ferry man facing federal charges of illegal possession of firearms, ammunition

1:47
EXCLUSIVE: Ex-Monticello officer who admitted to sex assault of underage teen reinstated to department after arrest

EXCLUSIVE: Ex-Monticello officer who admitted to sex assault of underage teen reinstated to department after arrest

0:23
Overnight road work to close Exit 7 on Cross County Parkway in Westchester

Overnight road work to close Exit 7 on Cross County Parkway in Westchester

0:28
SPCA Westchester launches first mobile adoption unit

SPCA Westchester launches first mobile adoption unit