Corporate charitable contribution deduction 2026 featured
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Corporate Charitable Contribution Deduction 2026: New 1% OBBB Floor Explained

BySW Accounting admin

Can corporations still deduct charitable contributions in 2026? Yes, but the rules changed significantly. The One Big Beautiful Bill introduced a new 1% floor under IRC §170(b)(2)(A), meaning the corporate charitable contribution deduction 2026 only applies to donations exceeding 1% of taxable income — permanently eliminating the deduction value of smaller gifts. Corporate philanthropy has…

A professional and modern conceptual illustration showing a stable corporate tax runway. The image features a bright, optimistic financial horizon with a stylized runway, glowing green upward-trending charts, and subtle representations of U.S. domestic investment and intellectual property. The color palette should lean toward vibrant greens (#28a745) and soft oranges (#ff9800) to convey growth, safety, and financial stability.

2026 Corporate Tax Planning: The End of “Wait-and-See

BySW Accounting admin

  Corporate Tax Planning in 2026: A New Era of Stability. Are you a CFO or tax professional trying to figure out the long-term impacts of the One Big Beautiful Bill Act? Let’s break down the new 21% permanent corporate rate, IP strategies, and what this firmer tax runway means for your business. Let’s be…