With standard deductions nearly doubling under the new tax law, far fewer taxpayers are expected to itemize in coming years. Given this change, how should taxpayers approach charitable giving?
Money & Life
While it is too soon to grasp the full implications of the new tax law—the first significant revision to U.S. tax law since 1986—individuals and corporations will be affected by the changes starting this year. Here are some of the key changes that will go into effect.
As an executive or high earner, you may have the option to participate in a deferred compensation plan through your employer. Here are the 5 critical questions to consider when deciding if deferred compensation is for you.