Note sull'episodio
The season of giving is here, but thanks to upcoming tax law changes taking effect in 2026, when and how you give has never been more critical.
In this episode of Practical Cents, Cullen Martin breaks down the new rules for charitable deductions. Whether you itemize your taxes or take the standard deduction, the strategy has shifted. For some, giving in 2025 is the smart move. For others, waiting until January 2026 could save you more money.
Watch this before you write that year-end check to ensure your generosity is as tax-efficient as possible.
In This Episode, We Cover:
00:00 – Intro: Traditions & Tax Law Changes.
00:26 – The 2026 Rule for Itemizers: The 0.5% AGI Floor explained.
01:17 – Example: How the floor reduces your deduction.
01:50 – The 2026 Rule for Standard Deduction: New $1k/$2k limits. ...