Write a recommendion at least two tax planning strategies to avoid losing the deductions.

Write a recommendion at least two tax planning strategies to avoid losing the deductions.
August 5, 2020 Comments Off on Write a recommendion at least two tax planning strategies to avoid losing the deductions. Uncategorized Assignment-help
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The Tax Cuts & Jobs Act enhanced the deduction for charitable contributions by raising the limit that can be contributed in any one year. The limit is now 60% of adjusted gross income (AGI), up from 50%. Assume your client still has a charitable deduction limitation due to their AGI. The client might lose the charitable deduction because of achieving this limitation.Write a recommendion at least two tax planning strategies to avoid losing the deductions.