I keep a spreadsheet that helps me estimate my current year taxes. As a result of tax changes from the Big Beautiful Bill and further tax changes resulting from the recent Ohio budget bill, I expect tax savings in 2025 in the neighborhood of $1800 on the Federal side and $300 on the State side. And, I expect further savings in 2026.

Political discussions are forbidden on the Humble Dollar site and this post is not political commentary.  All of us probably have opinions about how reductions in Federal funding have been implemented this year. But no matter our opinions, the fact is they reflect real reductions to some organizations that are doing good work.

And, while I always appreciate lowering my cash outflows, I must admit that I did not need either the Federal or State tax cut. I was getting along fine at the prior rate of taxation.

I have concerns about the people impacted by these cuts. Reasonable people can disagree about the role of government in funding any number of programs. That doesn’t mean they are all worthless. And, maybe some should be funded to a greater degree by private individuals who believe in their work.

With my trusty spreadsheet calculations, I have mapped out a plan to donate my tax savings to organizations that saw cuts. First, I’m planning on upping donations I was already making to the local food bank, a voluntary health organization, and the local PBS station.

I also used Bing Co-Pilot to ask targeted questions about regional organizations that are likely to be hard hit by funding cuts. I learned of a charity, highly rated by Charity Navigator, that provides a wide range of services to underserved populations in my area. They expect to see a significant reduction in Federal monies. This organization was not previously on my radar but seems to deserve my consideration.

I have no illusions that an extra $2100 from me is going to save the world. But, if the government is going to step back, this is small way I can step forward.

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