About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.

Most Americans may be better off waiting until 2026 to donate cash to their favoriite charities due to tax law changes.

An above-the-line deduction for charitable giving is in available for non-itemizers in the 2026 tax year and beyond.

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 ...

Donations to charity can help reduce what you owe on taxes because you can write them off as deductions. You’ll need the price the charity sold the car for before filing your taxes. The higher the ...

David Kocieniewski, opens new tab has a long article about Ronald Lauder as sophisticated consumer of tax-avoidance advice, who has managed to become worth somewhere north of $3 billion even as he’s ...

A donation is the actual amount of money donated to a charitable organization, trust or fund. However, a deduction is the tax ...

According to the Internal Revenue Service, if you donate more than $250, the IRS requires a written receipt from the charity.

The issue highlights that automated messages questioning donation deductions lack clarity on mismatches, forcing donors to revise returns without knowing the actual ...

In-kind donations may be something for you to consider…Do you have positions in your portfolio that have long-term capital gains (held for over 12 months) and do you make donations of size to ...

This explainer breaks down how Section 80G deductions work and who can claim them. It highlights deduction categories, ...

To support our charities sustainably, we need to understand the idea that altruism and self-interest are not mutually ...