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Miranda Morgan Quoted in Columbus CEO: "The Taxman Goeth"

Ice Miller partner Miranda Morgan was quoted in the Columbus CEO article, "The Taxman Goeth."

The article included:

The Tax Policy Center estimates that the number of households that will claim an itemized deduction for their charitable gifts will shrink from about 37 million to about 16 million in 2018. The law is expected to reduce the federal income-tax subsidy for charitable giving by one-third, to about $42 billion.

One solution is called “bunching” in which taxpayers donate as much as they regularly would over two or more years but do it in one year, says Miranda Morgan, a partner with the law firm Ice Miller in Columbus. That way they can still take full advantage of charitable donations in the year they donate and take off the increased standard deduction in other years.

Click here to read the full article.