With tax season underway, now is the time for investors to assess their 2024 charitable contributions and to plan ahead for 2025 giving to maximize tax benefits.

Consider strategic giving, including how individuals can:

• Evaluate whether the standard deduction or itemizing contributions provides the greatest tax benefit
• Consolidate donations into a single tax year to surpass the itemization threshold
• Leverage donor-advised funds (DAFs) for immediate tax benefits while maintaining flexibility in charitable giving.

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