Low Taxes

How To Minimize Taxes Under The Trump Tax Law Using Donor-Advised Funds

How To Minimize Taxes Under The Trump Tax Law Using Donor-Advised Funds

In prior years, you may have enjoyed a charitable tax deduction along with other itemized deductions, but under the new tax law, with a giant increase in the standard deduction, it will be much harder for most people to realize that same tax benefit. However, a donor-advised fund may be the tool you need to continue to maintain your charitable giving while also maximizing your tax savings.