New Limits for Itemizers, High-Income Donors, and C Corporations
Unfortunately, not all of the news under the OBBBA is positive. While non-itemizers will celebrate new opportunities to deduct their contributions, those who itemize deductions, make substantial charitable gifts, or represent corporations with significant philanthropic budgets will encounter new limitations beginning in 2026. At the heart of these changes is a new “floor” requirement for […]
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