There’s a tax-smart way to give to charity if you’re 70 ½ or older — one that reduces your taxable income while supporting ...
New charitable giving tax rules will soon lower your deduction for donations to charity — here’s what you should do now.
The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving ...
President Donald Trump’s One Big Beautiful Bill Act, which was recently signed into law, offers Americans a number of tax benefits. It makes many of the changes from the Tax Cuts and Jobs Act (TCJA) ...
As 2026 brings a deduction “haircut” and new Annual Gross Income (AGI) floor, 2025 offers one last window for full-value charitable giving. This article outlines how bunching, donor-advised funds, and ...
Since the 2017 tax reform, fewer donors are getting deductions for their donations. But with some planning, you may still be able to snag a tax benefit for your generosity this year.
Text Callout : Key Takeaways - What Is a 1040 Tax Form and How Does It Work? The 1040 tax form is the form taxpayers use for filing federal taxes. It's also a form that plenty of people have trouble ...
Tax deductions can impact your taxable income, reduce your overall tax liability and potentially increase your refund. Tax deductions are specific expenses that the IRS allows taxpayers to subtract ...