Big Beautiful Benefits to Planning Ahead: Charitable Giving and the Changing Tax Laws (RECORDED)

Significant changes in the tax code around charitable giving were made this past summer for 2025 and beyond. Understanding these changes allows charitable people to utilize these rules to plan ahead and maximize tax advantages and their annual giving. 

On November 18, charitable giving expert Richard C. Peck provided an overview of the One Big Beautiful Bill and its implications for charitable giving.

What We Heard

• The One Big Beautiful Bill Act signed into law on July 4,2025, introduces new provisions that take effect in 2025 and 2026.
• The provisions make 2025 a strategic year for charitable giving. Donors may want to accelerate contributions before certain deductions are reduced in 2026.
• Donor advised funds are philanthropy’s fastest growing vehicles for giving. 
   
• Bunching or bundling several years of giving into one year can help you go over the standard minimum deduction levels and maximize your tax benefits.
• Consult your tax or financial advisor to tailor the best strategy for you.