Trump's ‘big beautiful bill' slashes this tax break for high earners in 2026 [CNBC]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: CNBC
Starting next year, there will be an itemized charitable deduction “floor,” which only allows the tax break once it exceeds 0.5% of adjusted gross income. The new legislation also caps the benefit for filers in the top 37% income tax bracket beginning in 2026. President 's “big beautiful bill” enacted that could — but some will see a smaller deduction for charitable gifts starting in 2026, experts say. When you itemize tax breaks, you can claim the , depending on earnings and type of asset given. But Trump's added two key changes for itemizers. Starting in 2026, there will be an itemized charitable deduction “floor,” which only allows the tax break once it exceeds 0.5% of your adjusted gross income. The new legislation also caps the benefit for filers in the top , beginning in 2026. More from Personal Finance: These changes require “proactive planning” for 2025 while the more generous charitable deduction is still available, according to certified financial planner Edward
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EVR
Earnings
- 10/29/25 - Beat
EVR
Sec Filings
- 12/11/25 - Form 4
- 12/9/25 - Form 144
- 11/12/25 - Form SCHEDULE
- EVR's page on the SEC website