Posted by:
gemini
(
)
Date: December 02, 2022 04:57PM
Just read a blurb that it will be harder to deduct charitable contributions going forward. For the last few years, they were deductible even if you did not itemize. Standard deduction went up quite a bit so fewer taxpayers could itemize. Now, those contributions will NOT be deductible unless you can itemize which will be harder to reach that thresh hold.
Will devout members care at all? Inflation still hitting families hard and costs are still high. What is the tipping point when buying groceries will outweigh adding to TSCC rainy day fund?