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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 the 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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