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The Trump tax cuts increased the standard deduction and cut your ability to deduct charitable donations…

November 25, 2018 By jamesb

Are charities gonna feel a cut in giving? One huge change this year is in the tax code. The Trump tax cuts increased the standard deduction and therefore make it less likely that you'll be able to deduct your charitable donations. Only about 11% of households are likely to … [Read more...] about The Trump tax cuts increased the standard deduction and cut your ability to deduct charitable donations…

Filed Under: Government, Law, Politics Tagged With: 2017 Trump tax cut law, 2018 Federal Taxes, charitable contributions, Congress/Trump, US tax code

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