Given the large increase in the standard deduction in the tax reform bill just passed by Congress, some Americans may be less likely to itemize for charitable deductions in the 2018 tax year — a prospect that has some nonprofits worried that donations will go down. You might want to donate more this year, before the new rules take effect. But how can you be sure you’re giving to the right cause?
With tax reform, you might want to donate more this year. An expert weighs in on how to give wisely.
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