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CONCERNED: Keynote speaker Mark W. Everson, vice chairman of alliantgroup, a Texas-based tax-services provider, addresses the crowd at the Providence Business News 2018 Tax Reform Summit. He says the growing budget deficit is a top concern. / PBN PHOTO/
MIKE SKORSKI

Uncertainty reigns on impact of tax changes

Anyone who thought the new tax law would result in a simpler tax code would be sorely mistaken.If anything, parts of the sweeping new...
IN HIS FINAL YEAR-END earnings filing, Joseph J. MarcAurele, chairman and CEO of The Washington Trust Co., reported that the Westerly-based bank had strong full-year operating results, even though the new federal tax law resulted in a one-time charge of $6.2 million. / PBN FILE PHOTO/MICHAEL SALERNO

Washington Trust reports 2017, 4Q profit declines after new tax law

WESTERLY – Hit with a $6.2 million one-time charge on deferred tax assets, Washington Trust Bancorp Inc. on Tuesday reported 2017 profit fell 1.2...
LYNN O'MARRA , principal at BlumShapiro, speaks at the Providence Business News 2018 Tax Reform Summit. / PBN PHOTO/MIKE SKORSKI

PBN 2018 Tax Reform Summit: Long-term impact of new tax law...

WARWICK - Take advantage of what you can from the new tax law today and then adapt to future changes as they happen.That was...
FLEXIBLE DOLLARS: David Caprio, president of Children’s Friend, a nonprofit social service and education agency in Providence, speaks to the kids at Friendship Center. Caprio says although individual and corporate donations make up less than 10 percent of the nonprofit’s budget, those are its most flexible dollars. / PBN PHOTO/MICHAEL SALERNO

Nonprofits wary of tax law’s impact on giving

For nonprofits that solicit individual and corporate donations, one of the potential pitfalls of the new federal tax law is the doubling of the...
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