Charitable deduction strategies for 2025 and 2026

If you’re planning charitable gifts in 2025 or 2026, the new One Big Beautiful Bill Act (OBBBA) may change how much you can deduct—and when. The Journal of Accountancy’s latest article explains how the updated rules affect both itemizers and non-itemizers, with new limits and opportunities to maximize your tax benefits. It also highlights smart strategies like timing your donations or using donor-advised funds to make the most of the changes. If giving back is part of your financial plan, this article offers practical tips to help you do it wisely under the new law. Read more from the Journal of Accountancy