The 2025 and 2026 rules require donors to itemize their deductions to claim any charitable contribution deductions. Here's what you need to know.
A new tax rule in the 'One Big Beautiful Bill' allows taxpayers to deduct up to $1,000 in charitable gifts starting in January and beyond.
Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.
There have been significant changes over the years in tax laws including the tax deductibility of charitable donations. The One Big Beautiful Bill enacted into law this July has continued to change ...
The 2024 tax season may be coming to an end, but smart giving never goes out of style. If you’re wondering how to trim your 2025 tax bill while supporting the causes you care about, now’s the time to ...
If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...
Plus: Holiday parties, booze on the beltway, a proposal to end dual citizenships, Affordable Care Act subsidies, Trump ...
Charitable giving will look different for many donors in 2026. The One Big Beautiful Bill Act (OBBBA) signed in July ...
It’s nearly the end of the year, the traditional time for giving but before opening your wallet, you should know how tax rules are changing so you can maximize your gifts. Itemizers should hit fast ...