-3.3 C
Ottawa
Sunday, January 18, 2026

How to Plan Charitable Giving in 2025 for Maximum Tax Benefits

Date:

Studio Romantic/ShutterstockDonating to charity isn’t just an act of kindness—it’s one of the few ways to control how much you actively send to the IRS. If you make the right donation at the right time, you can reduce your taxable income, support a cause you believe in, and create a sense of purpose that is hard to quantify.Timing matters, though. Due to major tax law changes taking effect in 2026, 2025 may be your last chance to take advantage of the older, more generous deduction rules. If you wait too long, you could lose out on valuable tax breaks.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Slovak Prime Minister Meets With Trump in Florida for Nuclear Plant Deal

Slovak Prime Minister Robert Fico attends a meeting in...

California AG Sends Cease-and-Desist Letter to Musks xAI Over Nonconsensual Explicit Images

Grok is a generative artificial intelligence (GenAI) chatbot developed...

Catch-Up Contributions: Maximizing Your Savings If Youre Over 50 in 2026 and Beyond

Ground Picture/ShutterstockIf you’re over 50 and feel behind on...

Over Half of New Hires Land Jobs in a MonthWith Tempered Expectations

A "Now Hiring" sign outside Taylor Party and Equipment...