In a world where we strive to make a difference, planned giving stands as a testament to the enduring impact one can have on future generations. This unique form of philanthropy allows individuals to leave a legacy that will continue to make an impact far beyond their lifetime. Whether supporting…
planned giving
Under the new tax bill, many itemized deductions were greatly reduced or completely eliminated. The deduction for charitable contributions is still intact, and the limitation increased to 60% of AGI, but with the loss of deductions and the increased standard deduction, many taxpayers will no longer itemize. That could mean a significant decrease in charitable giving.
01/16/2018 Read more