Vise Financial

If your C corporation traditionally makes deductible charitable gifts, make sure you know the rules for 2026 donations. Starting Jan. 1, 2026, corporations can only deduct charitable gifts in excess of 1% of the company’s taxable income, with a 10% of income cap. Amounts exceeding the 10% cap can be carried forward — as can amounts that aren’t currently deductible due to the 1% floor — for up to five years. You may want to execute a multiyear charitable deduction strategy if your company’s income varies from year to year. Contact us at (913) 253-6629. We can help by projecting income and other deductions so you can support your community while maximizing long-term tax benefits.

Tax planning requires more than preparing returns at filing time. We work with individuals and businesses throughout the year to identify tax-saving opportunities, address compliance requirements and respond to changing tax laws. Call us at (913) 253-6629 to schedule an appointment to discuss your tax needs.

A donor-advised fund (DAF) is one option available to support charities while reducing your taxable estate. By contributing cash or appreciated assets to a DAF, you also may qualify for an immediate charitable income tax deduction without needing to identify the specific charitable recipients right away. This gives you more time to research potential recipients or change the organizations you support from year to year. For families focused on legacy planning, DAFs can also help align heirs around charitable goals. Contact us at (913) 253-6629 for additional details.