How can planned giving help you save on taxes, and how can a "bunching" strategy - making a larger donation to surpass the standard deduction - help you to save even more?
Use this quick, interactive calculator to find out.
When the Tax Cuts and Jobs Act took effect in 2018, it made the tax deduction threshold for charitable contributions harder to clear.
Yet charitable giving is still a powerful tool to save come April 15. Why? The new law also reduced many federal tax deductions, meaning giving to a qualified charity is one of the only ways you can exceed the standard deduction hurdle.
Our Charitable Giving Tax Savings Calculator shows you how to maximize your savings while increasing your support for the missions you love.