Message:

<p>[QUOTE=&quot;Figtree3, post: 352204, member: 33&quot;][USER=6444]@Jeff Drum[/USER] , if you are in the U.S., the changes in the tax law have raised the standard deduction much higher than it formerly was... and they expect fewer people to itemize deductions in the future. Itemized deductions are what is needed to get any tax benefit from charitable contributions.</p><p><br /></p><p>I know you didn&#039;t ask about this, but others have mentioned the idea of getting a tax deduction from a contribution. You can still get the deduction, but with the new standard deduction amounts it may not be worth it to donate with the idea that you&#039;ll get a deduction. -- And yes, charitable organizations are worrying about this a bit.</p><p><br /></p><p>There are many articles out there about the changes... Here is one:</p><p><a href="https://www.schwab.com/resource-center/insights/content/tax-legislation-should-you-change-your-charitable-giving-plans" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.schwab.com/resource-center/insights/content/tax-legislation-should-you-change-your-charitable-giving-plans" rel="nofollow">https://www.schwab.com/resource-center/insights/content/tax-legislation-should-you-change-your-charitable-giving-plans</a></p><p><br /></p><p>So if you want to donate from the goodness of your heart, that is still fine! (And I am going to continue making donations to those orgs that I regularly donate to.)[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in