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.