by Andrew Hibel | Jan 12, 2021 | Charitable Giving, Donor-Advised Funds, Featured
Representative Mark Walker of North Carolina has proposed the Universal Charitable Deduction which would allow non-itemizers to deduct their gifts in addition to taking the standard deduction. The bill caps the deduction at one-third of the standard...
by Andrew Hibel | Jan 12, 2021 | Charitable Giving, Donor Impact, Featured, Linked In, Taxes
The Tax Cuts and Jobs Act of 2017 was the first major legislative change to the tax code since 1986. While many of its’ changes left how the charitable deduction worked unchanged, the doubling of the standard deduction is predicted to reduce the...
