How Trump's tax changes could impact your year-end charitable giving
CNBC Television·2025-10-14 19:40
It's giving season and when you think about making a charitable contribution, you may want to consider what kind of tax break can I get. That should not be your only consideration, but it is something to think about. And many financial advisors say take a multi-year approach because there going to be some changes coming up in 2026.Starting next year, you will be able to take an above the line deduction whether you itemize your tax return or not on charitable contributions up to $1,000 for single filers, up ...