The 2017 Tax Cuts and Jobs Act represented a significant shakeup for wealth planners.
With the modifications to itemized deductions, philanthropic planning particularly has been thrown for a loop because the tax advantages at the moment are much less overt. Some prognosticators consider this shift will trigger a pointy drop in charity on a macro stage within the years to return, however that is still to be seen.
On this video, Marty Shenkman sits down with Professor Chris Hoyt to take a extra centered view of what the modifications to itemized deductions imply to your charitably inclined shoppers.
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