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 ...
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.
A qualified charitable distribution is a direct transfer from your pretax IRA to a qualified charity. Instead of withdrawing ...
As we approach the end of 2025, financial professionals face a pivotal opportunity to help clients maximize charitable giving strategies before key tax provisions change. NAIFA’s recent joint webinar ...
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 ...
Well, here we go again! Another year, another set of tax changes to navigate. This time, it’s the new tax bill. My goal here isn’t to get into the political weeds—after all, our focus as advisors is ...
“Nowhere is wisdom more necessary than in the guidance of charitable impulses. Meaning well is only half our duty; thinking right is the other, and equally important, half.” — Samuel Gridley Howe May ...