Why Should You 'Bunch' Charitable Donations to Stay Below the 2026 0.5% AGI Floor?
The simple math of giving to charities has been the same over the decades, adding up to: a dollar given is a dollar taken away. Nevertheless, the One Big Beautiful Bill Act (OBBBA) has added a new burden to the tax year 2026 that has brought a total twist to the itemizer game changer. The 0.5% Adjusted Gross Income (AGI) floor will imply that any amount of generosity that you provide as your...
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