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Providing Solutions On Your Path to Innovation

Achieving Success When Selling to the World’s Largest Buyer

Providing Solutions On Your Path to Innovation

Achieving Success When Selling to the World’s Largest Buyer

Providing Solutions On Your Path to Innovation

Achieving Success When Selling to the World’s Largest Buyer

Providing Solutions On Your Path to Innovation

Achieving Success When Selling to the World’s Largest Buyer

Providing Solutions On Your Path to Innovation

Achieving Success When Selling to the World’s Largest Buyer

Federal Tax Reform: Opportunity Zones

Community Revitalization by Rewarding Private Investment

Section 199A Deduction for Pass-Through Entities

A Deduction of Up to 20% of Qualified Business Income

THIncIT

Leveraging Technologies to Improve 
Efficiency

How Can We Guide You?

Cherry Bekaert

Congress to Review Charitable Giving Tax Deduction Act

In response to the Tax Cuts and Jobs Act, Representatives Chris Smith, R-N.J., and Henry Cuellar, D-Tx., have sponsored a bill to expand charitable giving tax incentives. The Charitable Giving Tax Deduction Act would offer taxpayers a charitable deduction regardless if they itemize deductions.

Rep. Cueller said the bill encourages giving back to communities and ensures taxpayers that opt not to itemize receive a deduction for charitable giving. Rep. Smith commented that charitable organizations depend on taxpayers’ generosity and could also benefit under the bill.