2025 Tax Rules: New Charitable Giving Strategies
Update: 2025-11-16
Description
New tax rules for 2025 may alter charitable giving strategies. Those taking the standard deduction might benefit from delaying donations until 2026, while those itemizing deductions could find it advantageous to give by December 31st, 2025. The One Big Beautiful Bill Act introduces a new tax break for standard deduction takers in 2026, but not for 2025. Itemizers, however, should consider the new floor for deductible contributions starting in 2026. Review your financial situation to determine the best charitable giving strategy for you.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
