Donating to charity isn’t just an act of kindness — it’s one of the few ways to control how much you, actively, send to the ...

The post Tax Law Reshapes Year-End Charitable Giving appeared first on Self Employed.

Earlier this year, President Trump signed the One Big Beautiful Bill Act (the “OBBB”) into law. The OBBB has had a widespread impact on ...

In addition to several other changes to tax law, the One Big Beautiful Bill Act of 2025 (OBBBA) creates new ways to handle charitable donations.

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

Every year, millions of Americans support causes that are important to them by donating to charities and nonprofits. A 2023 Giving USA Annual Report of Philanthropy found that individuals gave an ...

Every year, charitable individuals and households make one saying a reality when they make a donation to nonprofits: It's better to give than to receive. However, when you give, the IRS also allows ...

Giving to a good cause feels great — and if you itemize your taxes, it can also help lower your tax bill. The charitable donation tax deduction lets you write off qualified gifts to nonprofit ...

The holidays are a time for giving, but financial experts want you to know it’s OK to get a little, too. The past two years have been hard for charitable giving because inflation and high interest ...

The recent IQ Holdings v. Commissioner decision (Source: IQ Holdings, Inc. v. Comm'r, T.C. Memo. 2024-104, Nov. 7, 2024) serves as a cautionary tale for corporations and high-net-worth individuals ...

Tax season can be stressful and complicated. Thankfully, tax credits and tax deductions can reduce your tax bill and ease the frustration of owing too much money to the IRS. Here are some common IRS ...