The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

For the first time in years, taxpayers who do not itemize their deductions will be able to deduct their charitable donations. This is a significant development because, since 2017, most people could ...

Due to several major tax rule changes, your 2025 return might feel unfamiliar even if your income looks the same.

The introduction of a new tax deduction for charitable donations marks a significant shift in U.S. tax policy, offering a fresh incentive for taxpayers who typically choose the standard deduction.

The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

The Internal Revenue Service last week released the draft instructions for the new Form 990, the primary tax document that charities file each year with the federal government. Many charity leaders, ...

Are political donations tax deductible? Find out what the IRS allows, plus where state-level exceptions may apply. Read on ...

It's time to file federal and state tax forms. Julie Jason tells readers what they need to know.