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Donor-advised funds sidestep tax constraints

Philanthropists are taking a fresh look at donor-advised funds—investment accounts used for charitable giving. This heightened interest is due, in no small part, to the Tax Cuts and Jobs Act of 2017, which greatly reduced the number of individuals who could claim a deduction for charitable giving. “In the past when you made a charitable deduction, you were able to itemize,” ...

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Philanthropists are taking a fresh look at donor-advised funds—investment accounts used for charitable giving. This heightened interest is due, in no small ...