Charitable Giving: 7 Steps to Take

Finance News

by Jill Schlesinger,

It’s that time of year, when we start to give thanks in our words, deeds and actions. While total charitable giving increased last year, when adjusted for inflation, it slipped by 1.7 percent to an estimated $427.71 billion, according to Giving USA 2019: The Annual Report on Philanthropy for the Year 2018. For individuals, the decline was 3.4 percent, adjusted for inflation. (The reason for the drop off is likely confusion and complexity surrounding the first year of the new tax code) (Click the link below to read the full article).