Year-End Charitable Giving in 2020

The CARES Act passed last March creates some changes in the rules for charitable deductions in 2020, and some which may extend beyond the current tax year.  In addition, there are a number of tax-efficient gifting strategies you may wish to consider, which we’ll be discussing below.  Many charitable organizations are experiencing higher demand than…

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Charitable Gifts in the Current Tax Environment

The Tax Cuts and Jobs Act of 2018 made substantial changes to the tax code, and affected ability of many Americans to deduct charitable donations. Here are some strategies to help you maximize your tax savings while supporting organizations and causes that are important to you: Give something, get something Often we support a charitable…

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