-10.9 C
Ottawa
Tuesday, January 20, 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

Kaiser Permanente Pays $556 Million to Settle Allegations of Medicare Fraud

Kaiser Permanente’s Oakland, Calif., hospital, on Oct. 4, 2023....

US Monthly Housing Payment Falls to $2,413: Report

A townhouse for sale in Elkridge, Md., on Dec....

Operation of Australias Largest Coal Power Station Extended to 2029

Eraring coal-fired power station, the largest in Australia, on...

Popeyes Franchisee With Over 130 Locations Files for Bankruptcy

CompaniesThe company blames its financial troubles on the lingering...