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Scott Kaplowitch in “Why 2017 Is The Year To Give To Charity”

Earlier this week, Forbes published “Why 2017 Is The Year To Give To Charity (If You Want A Tax Break),” an article that analyzes┬áthe bill the GOP is trying to get through Congress within the next 10 days. It would “make 2017 the last year tens of millions of Americans would get a tax break for donating to charity.” The reason being that a new higher standard deduction of $24,000 per couple ($12,000 single) would mean that only 5% of taxpayers would take itemized deductions, such as those for charitable gifts.

Managing Partner, Scott Kaplowitch, provided a Donor-advised fund example based on one of his clients. Read the full article here.

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