The Charitable Donation Deduction Crash that Nobody Sees Coming

There’s currently a lot of discussion about the impact of the Republican tax plan, which now has been calculated to have a net result of higher taxes on everyone – minus the top 1% – in order to cut taxes for that income group and big corporations. I won’t get in to all of the implications and politics again (not much has changed since my prior analysis other than the addition of a premium increasing elimination of the ACA individual mandate). But, I do want to highlight something that could be dramatically impacted by the plan that is getting almost The Charitable...

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