by Trailhead Plan… on Nov 16, 2018
by Trailhead Plan… on Feb 28, 2018
by Trailhead Plan… on Feb 13, 2018
Part I: Bunching Contributions
The recent changes to the tax code under the Tax Cuts and Jobs Act passed in late 2017 are changing the dynamics of charitable giving and leaving many wondering how to best enact their charitable giving strategy. For example, due to the higher standard deduction ($12,000 for individuals and $24k,000 for married couples filing jointly) and the $10,000 cap on SALT taxes (state and local taxes), many individuals and families will no longer benefit from itemized deductions to the extent they did in the past.