This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...

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

The government is adding a new deduction for non-itemizers. Starting in 2026, they will be able to deduct up to US$1,000 of ...

Taxpayers who donate to the causes that are close to their hearts have a new reason to celebrate — and to give: The massive new tax law includes a valuable new tax deduction for qualified charitable ...

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

With a DAF, you can make a contribution in 2025 and receive a charitable deduction under 2025 rules, while the funds can be ...

Just in time for Giving Tuesday, there's some good news for charities. The tax deduction for charitable giving is undergoing some changes next year thanks to the One Big Beautiful Bill Act, with a new ...

If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...

Ever since President Trump took office, charities have been worrying about the tax overhaul he has promised. There are reasons for concern any time a new administration takes office. After all, the ...

Nonprofit advocates slammed a plan offered Wednesday by the chief tax architect of the House that would sharply limit charity tax breaks for people at all income levels. Under the plan, people would ...