News

Recent changes to federal tax law bring more certainty to long-term planning. That is good news if you are thinking about charitable giving in the years ahead. The One Big Beautiful Bill Act, signed into law in July 2025, made several tax provisions permanent and introduced new rules that may affect how and when you give. Some changes create new opportunities. Others may require a different approach, depending on your income and strategy.  Understanding the basics can help you plan with confidence and make the most of your generosity. “What I’m telling clients is that the rules are clearer now, but strategy matters more. The One Big Beautiful Bill gives people the ability to plan ahead, coordinate their giving with their overall financial picture, and be more intentional about how and when they support the causes they care about,” said Jody Giles, Senior Vice President, Director of Wealth Advisory Group, CFP®, German American Bank, and member of the Community Foundation Alliance Board of Directors . “With new thresholds and caps, timing and gift type really count, and the Community Foundation can help donors understand how those details fit into their plans.”