The current rules after the One Big Beautiful Bill Act (OBBBA) make it harder than ever for many business owners to get a meaningful tax benefit from charitable giving.

In 2026,

the standard deduction is $16,100 for single filers and $32,200 for married couples filing jointly;1

the state and local tax (SALT) deduction is capped at $40,400, with 30 percent phaseouts beginning at $505,000;2 and

charitable deductions are allowed only to the extent they exceed 0.5 percent of adjusted gross income.3

And you have to get the money you want to contribute personally in your hot hands. To achieve that, you likely have to pay payroll, self-employment, and other taxes.

But as a business owner, you can do better by structuring your monetary support ... Log in to view full article.