Episode Description
Starting in 2026, new rules will change how charitable tax deductions work. In this episode, we break down key provisions from the One Big Beautiful Bill Act and what they mean for your charitable giving strategy.
You’ll learn how the new $1,000 deduction for standard deduction filers ($2,000 for married couples) works, why itemized charitable deductions now have a 0.5% AGI floor, and how a new cap on itemized deductions may affect high-income taxpayers.
We also discuss strategies like bunching donations, donating appreciated assets, and using Qualified Charitable Distributions (QCDs) to give in a more tax-efficient way.
Even though the tax rules are changing, the goal of charitable giving stays the same: supporting causes that matter to you while being intentional about your finances.
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Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .
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