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

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. In the Ask the Editor May 9 column, she answered five questions ...

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 IRS. If you make the right donation at the right time, you can reduce your ...

Why consider charitable giving? Charitable giving is more than generosity; it connects you to what matters most to you. It activates the brain’s reward ...

(StatePoint) Charitable giving and helping communities provide many of us with a sense of purpose and joy. However, giving back looks different for everyone. No matter your charitable giving goals, ...

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

As December approaches, the countdown to the end of the year means more than just holiday shopping and party plans. It’s also ...

This is read by an automated voice. Please report any issues or inconsistencies here. Thirteen grandchildren are set to inherit a family farm currently shared by seven siblings, but disagreements over ...

Your pets are family. But to the IRS, they’re just personal expenses — and it typically means food, toys and vet bills don't qualify as deductions. Yet, there are some surprising exceptions. Service ...

Certified financial planners command a lot of knowledge about taxes, but many of them could be afraid of crossing into professional areas that are outside of their field of qualified expertise.

Margaret Giles: Hi, I’m Margaret Giles from Morningstar. Many baby boomers will be coming into retirement with most of their assets in tax-deferred accounts, which require withdrawals called required ...