A corporation’s annual charitable contribution deduction cannot exceed 10% of the corporation’s taxable income Sec. 170 (b) (2) (A)), computed without regard to the following (Sec. 170 (b) (2) (D)): ...

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

There have been significant changes over the years in tax laws including the tax deductibility of charitable donations. The One Big Beautiful Bill enacted into law this July has continued to change ...

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

There are rules you have to follow to get out of paying taxes.

If you’re thinking of making a donation this year, you aren’t alone. A reported 69% of the U.S. population donates to charity. To encourage giving, the IRS offers tax deductions for any donations made ...

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Behavioral economist Alex Smith thinks we spend too much time fretting about this year's taxes, and too little planning for ...

Are political donations tax deductible? Find out what the IRS allows, plus where state-level exceptions may apply. Read on ...

As tax time rolls around, many states are encouraging people to donate in their state income tax returns to help non-game ...

Opinion: Kathy Hochul’s proposal to safeguard the deductibility of charitable donations against state taxation carries ...

Discover smart giving tactics used by wealthy families to reduce tax liability while maximizing charitable impact Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior ...