The One Big Beautiful Bill (OBBB): A New Charitable Deduction for Non-Itemizers in 2026

A mother and daughter smiling while packing donation boxes at a community charity event.

The One Big Beautiful Bill (“OBBB”), signed into law in July 2025, made several significant changes to the tax code that will take effect beginning with the 2026 tax year. One of the most notable changes for everyday investors is a brand-new charitable deduction specifically designed for taxpayers who take the standard deduction. You may […]