You may have seen news reports about how new tax law changes affect charitable donations. You may also be wondering how those tax laws will affect your giving to support the community you love?

What is Bunching?

Bunching is a tax strategy which allows people and businesses to group future years’ contributions into a single year.

If you typically take the standard deduction, you could bunch a few years’ worth of donations into 2025 and then itemize when you file your return.   

There are numerous online calculators available to showcase the tax savings available.

Are Donor Advised Funds also available?

Another option is to establish a Donor Advised Fund and bunch your future donations into 2025.  While you receive the immediate tax benefit, your funds are invested and you are able to give to area nonprofits in future years.   

Either option will help you prepare for the 2026 Tax Law changes and maximize Your Giving In Action – Let’s Talk.