Mnuchin

Charitable Deduction OK?

Treasury Secretary Steven Mnuchin speaks at a press briefing at the White House in Washington, U.S., February 14, 2017.  REUTERS/Kevin Lamarque

Finally a hint as to the potential fate of the charitable deduction under any tax reform: NO CHANGE – at least that is what U.S. Treasury Secretary Steven Mnuchin said yesterday.

Not that the media wants to cover such a mundane topic that doesn’t involve Russian espionage and various nefarious stuff.

Also, he said it looks like August is when we’ll have a tax reform so relax for awhile .