New tax law makes bundling gifts to donor-advised funds attractive
“Give, but give until it hurts.” – Mother Teresa – I don’t think Mother Teresa paid much attention to the tax code, but her quote is unusually prescient for 2018 taxpayers. The changes have made it unlikely to get a tax break on money given to your favorite charities. When the Tax Cuts […]
A look at the new U.S. tax law
As you are likely aware, Congress has recently passed significant changes to the tax law. These changes are effective beginning in tax year 2018, with many of the changes for individuals set to sunset after 2025. The summary below is a high-level overview of many of the most relevant changes that will impact people’s taxes. […]