November 22, 2010

Changes in Congress: What They Mean to Nonprofits

Left to right: Emily Lam, Perry Wasserman, and Tony Martignetti.

How will charities be affected by the changing of the guard in Congress? How should they prepare for changes in tax law that will probably affect many of their donors?

Emily Lam, a tax accountant in Washington, and Perry Wasserman, managing director of the lobbying firm 501(c) Strategies, say the changes in Congress are ushering in a period of uncertainty for many people in the nonprofit world.

In an interview with The Chronicle and Tony Martignetti Nonprofit Radio, Ms. Lam and Mr. Wasserman explain what some of the political changes will mean as lawmakers consider issues such as the estate tax and direct incentives for charitable giving, as well as oversight of nonprofit hospitals.