It Could Be a Very Good Holiday for U.S. Charities - McDermott Will & Emery

It Could Be a Very Good Holiday for U.S. Charities

Overview


Carlyn McCaffrey told a national NPR interview that Donald Trump’s proposed $200,000 cap on itemized married joint deductions suggests that wealthy individuals should give to their favorite charity while they can still deduct the full contribution. “I think it makes sense for people who can afford to do it this year to do it and accelerate their charitable giving,” Ms. McCaffrey said.