The season of giving is here, but thanks to upcoming tax law changes taking effect in 2026, when and how you give has never been more critical.In this episode of Practical Cents, Cullen Martin breaks down the new rules for charitable deductions. Whether you itemize your taxes or take the standard deduction, the strategy has shifted. For some, giving in 2025 is the smart move. For others, waiting until January 2026 could save you more money.Watch this before you write that year-end check to ensure your generosity is as tax-efficient as possible.In This Episode, We Cover:00:00 – Intro: Traditions & Tax Law Changes.00:26 – The 2026 Rule for Itemizers: The 0.5% AGI Floor explained.01:17 – Example: How the floor reduces your deduction.01:50 – The 2026 Rule for Standard Deduction: New $1k/$2k limits.02:26 – The "Fine Print": Cash only & no Donor Advised Funds?02:50 – Strategy: Why 2025 is better for DAFs & Stock.03:20 – Strategy: Why 2026 might be better for Cash donors.03:52 – The Philosophy of Giving: Don't let the tax tail wag the dog.04:40 – Pro Tip: Never donate stock at a loss.Completing your gift in 2025 just got a whole lot more important for itemizers. Starting in 2026, you must exceed a "floor" of 0.5% of your Adjusted Gross Income (AGI) before your donations count. If you plan to give big, doing so in 2025 ensures you get credit for the entire amount, not just the excess.#CharitableGiving #TaxPlanning #2026TaxChanges #Philanthropy #WealthManagement #PresiliumPrivateWealth #PracticalCents #YearEndPlanning--------Connect With Cullen:Cullen Martin, CFP®Financial Planner, Presilium Private WealthEmail: [email protected]: https://www.linkedin.com/in/cullen-martin-cfp%C2%AE-81218ab2/Meet Cullen: https://www.presiliumpw.com/team_member/cullen-martin-cfp/--------This Video is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase any security or investment product or services.The content of this Video is provided solely for your personal use and shall not be deemed to provide access to any particular transaction or investment opportunity. Presilium Private Wealth does not intend the information in this Video to be investment advice, and the information presented in this Presentation should not be relied upon to make an investment decision.Any third-party information contained herein was prepared by sources deemed to be reliable but is not guaranteed. Investment advisory services are offered through Presilium Private Wealth, a SEC Registered Investment Adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser or investment adviser representative has attained a particular level of skill or ability. Additional information about Presilium Private Wealth is also available on the SEC’s website at www.adviserinfo.sec.gov.

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