The tax reform enacted by Congress last year in the Tax Cuts and Jobs Act provided a nice tax break for businesses. Among other companies, banks have benefited greatly from this windfall, and in addition to rising stock prices, many have announced raises for their...
![Heads I win, Tails You Lose! Reduced taxes payable by banks may increase interest costs payable by not-for-profits](https://zgwa13.p3cdn1.secureserver.net/wp-content/uploads/2018/11/PLDO.Jason-Tax-Law-Business-Matters--1080x675.jpg)