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How to Maximize the Tax Value of Charitable Contributions
Expert Opinion November 13, 2025 at 05:36 PM
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What You Need To Know
- Beginning with the 2026 tax year, a $1,000 above-the-line charitable deduction is available for cash contributions made by taxpayers who do not itemize.
- The tax and spending bill also created a ceiling on the value of charitable deductions for clients in the highest tax bracket.
- Maximizing contributions to all available retirement and health savings accounts is even more valuable than usual starting in 2026.
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