Charitable Planning After The Big Beautiful Bill (OBBBA) Is Different

Originally posted to Forbes.com

The One Big Beautiful Bill Act (OBBBA) is now law. One of the myriads of tax benefits it has changed is charitable deductions. There are a number of prominent changes to charitable tax deduction rules, but the bigger story is how OBBBA overall will change charitable planning for some taxpayers. Perhaps the most important take-away is that charitable planning post-OBBBA will be quite different for taxpayers with different circumstances. This variation in the planning spectrum may in fact be greater than it has ever been. What does that mean? Be careful applying charitable planning recommendations from AI or your  Canasta or pickleball partners. Planning may really be different for each of you.

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