Thanks to the TCJA, fewer donors are able to claim taxdeductions. But you may be able to turn your generosity into tax savings this year—before new changes hit in 2026.
Charitabledeductions at the federal level are available only if you itemize deductions. Rules and regulations regarding taxdeductions for charitablegiving vary at the state level, and laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy, or completeness of the information provided.
President Donald Trump's "big beautiful bill" made tax changes that could impact your year-endcharitablegiving. Starting in 2026, there's a new charitabletax break for non-itemizers, worth up ...
Starting in 2026, new tax rules will impose a 0.5% AGI floor for itemized charitabledeductions and cap deduction benefits at 35% for high earners, making 2025 an ideal year to accelerate certain giving strategies.
The One Big Beautiful Bill Act ("OBBBA") brings major changes to federal charitablededuction rules beginning January 1, 2026. These changes reduce the tax value of charitablegiving for many high-income individuals and introduce new limitations on itemized deductions. By contrast, the rules governing the 2025 taxyear remain significantly more favorable. For donors, especially those who ...
Year-end 2025 is fast approaching, and, unique to this year, clients may have some new questions about how the One Big Beautiful Bill Act (OBBBA) may impact their charitablegiving and taxdeductions this year and next.
On Giving Tuesday, here's what to know about how the charitablededuction will change next year – and how professionals are advising their high-net worth clients on donation strategies.
To optimize your year-end charitable giving tax deduction and prepare for the structural changes coming in 2026, a deep understanding of the new Adjusted Gross Income (AGI) floors, the expanded SALT cap, and updated Qualified Charitable Distribution (QCD) limits is essential.
👉 Year-EndCharitableGiving & Deduction Strategies If you’re planning to give to charitable organizations before December 31—or you want to minimize taxes in a smart, intentional way—this deep-dive guide will help you understand the rules, avoid IRS pitfalls, and use proven strategies to maximize your deduction.
The biggest thing to know: The new charitablededuction changes do not take effect until 2026 The charitablegiving provisions in OBBBA begin with the 2026 taxyear.
