--- title: "Hidden Value: Tax-Smart Charitable Giving Strategies for the New Tax Era" description: A qualified charitable distribution or a donor-advised fund can help your tax-efficient planning. image: https://www.covisum.com/hubfs/think-advisor-logo-blog.jpg --- [Login](https://www.covisum.com/login-experience) | [Call: 402-235-4500](tel:1-402-235-4500) | [Contact Us](https://www.covisum.com/contact) ** [![covisum-logo](https://www.covisum.com/hs-fs/hubfs/covisum-logo.png?width=264&height=41&name=covisum-logo.png "covisum-logo")](https://www.covisum.com/) [![Start Your Free Trial](https://no-cache.hubspot.com/cta/default/2755909/b23743cd-d0df-4907-a66d-293b58ab1164.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/b23743cd-d0df-4907-a66d-293b58ab1164) [![Contact Us](https://no-cache.hubspot.com/cta/default/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532) # Hidden Value: Tax-Smart Charitable Giving Strategies for the New Tax Era [IN THE NEWS  |  ](https://www.covisum.com/blog/topic/in-the-news)9/14/19 10:08 AM  |  by [Lauren Laferla, Director of Communications](https://www.covisum.com/blog/author/lauren-laferla-pr-content-marketing-manager) ![Think-Advisor-Logo-Color](https://www.covisum.com/hs-fs/hubfs/Logos/Think-Advisor-Logo-Color.png?width=600&name=Think-Advisor-Logo-Color.png) Hidden Value is a column in [ThinkAdvisor](https://www.thinkadvisor.com/2019/09/11/2-tax-smart-charitable-giving-strategies-for-the-new-tax-era/) where Joe Elsasser, CFP®, answers common questions with insights that advisors and their clients may not have considered. This week, Joe discusses tax-smart strategies for charitable giving. In 2017, the [Tax Cuts and Jobs Act](https://www.covisum.com/tax-cuts-and-jobs-act) significantly increased the standard deduction, which created interesting new challenges and opportunities for taxpayers planning to give to charity. A qualified charitable distribution or a donor-advised fund can help your tax-efficient planning and be a significantly better choice for clients who are planning to contribute to a particular charity on a consistent basis for an indefinite number of years. > "Qualified charitable distributions and donor-advised funds are much more important now than they were before the tax overhaul, but the average American doesn’t know about these techniques or why they should use them. Clients are used to writing a check to their favorite charities and leaving it at that. You can offer guidance and help them become more strategic with their charitable giving, which will strengthen your relationship, build trust, and add additional value to their financial strategy." Read the [ThinkAdvisor article](https://www.thinkadvisor.com/2019/09/11/2-tax-smart-charitable-giving-strategies-for-the-new-tax-era/) in its entirety.  Financial advisors can add significant value to their services by helping clients navigate the complexities of the changing tax landscape. Clients are concerned about the tax impact on their situation specifically, and whether there are better options available. [Tax Clarity](https://www.covisum.com/tax-clarity) can help you clearly and accurately calculate some the changes introduced by the Tax Cuts and Jobs Act.  [![New call-to-action](https://no-cache.hubspot.com/cta/default/2755909/1701ae61-4125-4a21-9866-3e102fb4ca26.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/1701ae61-4125-4a21-9866-3e102fb4ca26) ### Share this article [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fhidden-value-tax-smart-charitable-giving-strategies-for-the-new-tax-era%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fhidden-value-tax-smart-charitable-giving-strategies-for-the-new-tax-era%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fhidden-value-tax-smart-charitable-giving-strategies-for-the-new-tax-era%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fhidden-value-tax-smart-charitable-giving-strategies-for-the-new-tax-era%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Hidden%20Value%3A%20Tax-Smart%20Charitable%20Giving%20Strategies%20for%20the%20New%20Tax%20Era) [![Share on Pinterest](https://static.hubspot.com/final/img/common/icons/social/pinterest-24x24.png)](http://pinterest.com/pin/create/button/?url=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fhidden-value-tax-smart-charitable-giving-strategies-for-the-new-tax-era%3Futm_medium%3Dsocial%26utm_source%3Dpinterest&media=http%3A%2F%2Fcdn1.hubspot.com%2Fhub%2F158015%2F305390_10100548508246879_837195_59275782_6882128_n.jpg) [![Share on Email](https://static.hubspot.com/final/img/common/icons/social/email-24x24.png)](mailto:?subject=Check%20out%20https%3A%2F%2Fwww.covisum.com%2Fblog%2Fhidden-value-tax-smart-charitable-giving-strategies-for-the-new-tax-era%3Futm_medium%3Dsocial%26utm_source%3Demail%20&body=Check%20out%20https%3A%2F%2Fwww.covisum.com%2Fblog%2Fhidden-value-tax-smart-charitable-giving-strategies-for-the-new-tax-era%3Futm_medium%3Dsocial%26utm_source%3Demail) ## Related Blog Articles [ ### In The News 4 Ways Financial Advisors Can Have a Tax-Efficient Planning Tax Season Read ](https://www.covisum.com/blog/4-ways-financial-advisors-can-make-the-most-of-this-tax-season) [ ### Tax Covisum updates Tax Clarity software to reflect  Tax Cuts and Jobs Act changes Read ](https://www.covisum.com/blog/covisum-updates-tax-clarity-software-to-reflect-tax-legislation-changes) [ ### Tax Did the Tax Cuts and Jobs Act Eliminate the Social Security Tax Torpedo? Read ](https://www.covisum.com/blog/did-the-tax-cuts-and-jobs-act-eliminate-the-social-security-tax-torpedo) [See All Articles](https://www.covisum.com/blog) ## Covisum’s ecosystem of solutions can help you grow. [Sign Up Free](https://idp.socialsecuritytiming.com/register) ## Stay Connected Access industry news, expert insights, best practices, free downloads and more. [![Logo-White-Stacked](https://www.covisum.com/hs-fs/hubfs/Logo-White-Stacked.png?width=124&height=146&name=Logo-White-Stacked.png "Logo-White-Stacked")](https://covisum.com) 444 Regency Parkway Dr. Suite 201 Omaha, NE 68114 - - - - Read Reviews of Our Solutions In: [![Footer Capterra Logo](https://www.covisum.com/hubfs/Capterra_logo%20(1).svg) ](https://www.capterra.com/p/203728/Tax-Clarity/reviews/)[![Footer G2 Logo](https://www.covisum.com/hubfs/logo-g2.png) ](https://www.g2.com/search?utf8=%E2%9C%93&query=covisum) [![Contact Us](https://no-cache.hubspot.com/cta/default/2755909/interactive-193539503962.png) ](https://www.covisum.com/hs/cta/wi/redirect?encryptedPayload=AVxigLLrgCMgsQXZl31IzHEiZpMRsFvgCy7eMT1lO7%2FcQi9ie75UDkFFaeqcXHo61yVn2zdn3RneA%2Bc53GqXSZSFox%2BY6OXw%2B7yoaCdEZ9ilCHhWlloWam9rnYUzIUYaKGKfsphjFhMadyatasfTiz2y%2FKjD7JukgDEygcdPP%2FDU8uS8Bag%3D&webInteractiveContentId=193539503962&portalId=2755909) [![SOC 2 T2 Logo](https://no-cache.hubspot.com/cta/default/2755909/interactive-193539503801.png) ](https://www.covisum.com/hs/cta/wi/redirect?encryptedPayload=AVxigLLkOfCfmOmGnLUYHWQwt5UBvhsMr92N47vvmIcnbujQ33NnWz9xk1qXXwLOf%2BFsVBBRLoQhj%2FbuZqXsjdh9idDmQp%2BqRIlbJB2oapOjbr4rQ%2BynnbdGvCqnArEdDD1rqoSmGgcTurv44AHroZSS66TU9ZUWfx%2BX3KKUpgWNnW6cyrljY6L7U9DITDo2WEqAvD5Du8v9&webInteractiveContentId=193539503801&portalId=2755909) © 2010 – 2026 Covisum®. All Rights Reserved. For advisor use only. Covisum is not connected with, affiliated with or endorsed by the United States government or the Social Security Administration. The local advisor offering Covisum products may be an insurance agent, financial advisor, accountant or attorney. Advisors may offer other products or services and are compensated by commissions and/or fees for any other services they may provide. [Terms and Conditions](https://www.covisum.com/terms-of-use) | [Privacy Policy](https://www.covisum.com/privacy-policy) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Lauren Laferla, Director of Communications", "url" : "https://www.covisum.com/blog/author/lauren-laferla-pr-content-marketing-manager" }, "dateModified" : "2019-11-14T21:46:46.452Z", "datePublished" : "2019-09-14T15:08:00.000Z", "headline" : "Hidden Value: Tax-Smart Charitable Giving Strategies for the New Tax Era", "image" : [ "https://www.covisum.com/hubfs/think-advisor-logo-blog.jpg" ], "mainEntityOfPage" : { "@id" : "https://www.covisum.com/blog/hidden-value-tax-smart-charitable-giving-strategies-for-the-new-tax-era", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.covisum.com/hubfs/Covisum-Logo-Grey.png" }, "name" : "Covisum LLC" } } ```