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Richey May’s Inside the One Big Beautiful Bill Act video series is designed to help mortgage lenders and other industry-affiliated businesses understand what this sweeping legislation means in practice, not just in theory. Hosted by Kenny Burch, Director, Mortgage Banking Tax, the series features focused conversations with experts from Richey May’s Mortgage Banking Tax team, each examining a specific provision of the Act and its implications. In this episode, Kenny is joined by Caira Liebhart, Senior Tax Associate, to discuss changes to charitable contribution deductions for C corporations. While charitable giving has long offered tax benefits, the One Big Beautiful Bill Act introduces new limitations that mortgage lenders structured as C corporations will need to factor in to both tax planning and philanthropic strategies.