Toby Mathis Esq | Tax Planning & Asset Protection

The Charity Deduction Changed In 2026 — Here’s What You Need To Know

Schedule a free strategy session here 👉 https://aba.link/0p3 The charitable tax deduction rules changed in 2026, and millions of taxpayers could be missing out on valuable tax savings. In this video, tax attorney Toby Mathis explains how the new charitable deduction works, when you can deduct up to $1,000 (single) or $2,000 (married filing jointly) without itemizing, and the key differences between the standard deduction and itemized deductions. You'll also learn how mortgage interest, SALT deductions, medical expenses, cash donations, donated property, and tax planning strategies like bunching deductions can help maximize your charitable tax deduction and reduce your 2026 tax bill. Register for our Free Tax & Asset Protection Workshop 👉 https://aba.link/481314 Chapters: 0:00 The New 2026 Charity Tax Deduction 1:42 Standard Deduction vs. Itemizing Explained 2:54 What Counts as an Itemized Deduction? 3:30 The New 0.5% Charitable Giving Rule 8:02 How the New Charitable Deduction Works 9:05 Itemizing vs. Standard Deduction Comparison 11:15 Charity Deduction Recordkeeping Rules 12:45 Cash Donations vs. Donated Property 14:40 Donating Appreciated Stock for Bigger Tax Savings 16:20 The Bunching Strategy to Maximize Deductions 18:00 Using a Donor-Advised Fund 22:20 The Two Charitable Deduction Paths in 2026 23:30 5 Steps to Maximize Your Tax Deduction 25:10 Final Tax Planning Tips --------------------------------------------------------------------------------------------------------- TAX TUESDAY LIVE Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/tobytaxtues ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as financial, investment, or legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #charity #charitydonation #deductions