President Donald Trump’s “big beautiful bill” added trillions of dollars of tax breaks, some of which could impact your deduction for charitable giving.
U.S. individual giving grew to $392.45 billion in 2024, up by about 5%, including inflation, from the previous year, according to Giving USA’s annual report released in June.
But as the calendar winds down, your 2025 year-end giving strategy could look different than that of previous years, financial experts say.
With S&P 500 near record highs, reconsider the set-it-and-forget-it strategy
What the government shutdown means for Social Security benefits
