With the passing of the One Big Beautiful Bill Act, new changes to your charitable contribution deductions could be significant depending on whether you give in 2025 vs 2026.
With a short time left before 2025 comes to a close, year-end tax planning is all-important. Here are some areas to focus on.
The tax and IRA expert shares tips for getting the most bang from your charitable dollars in 2025 and 2026. More people will be itemizing instead of taking the standard deduction on their taxes ...
The One Big Beautiful Bill (OBBB) shakes up charitable deductions with a little help for non-itemizers and a new challenge ...
An April 15 deadline would give donors more time to grapple with the increasing complexity of charitable deductions, say advocates for the proposal.
Smaller charities are facing a perfect storm of challenges, from tax law changes that discourage larger gifts to donor ...
The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving in 2025 to save taxes.
The U.S. Court of Appeals affirmed the Tax Court’s decision to disallow the taxpayer’s charitable deduction for an easement donation and impose penalties. Taxpayer, a partnership, purchased a historic ...
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The Community Foundation for Northeast Florida says President Donald Trump’s tax breaks and spending cuts bill approved in July brings changes for how individuals and organizations approach charitable ...
Some new rules concerning the deductibility of charitable contributions were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act. The changes introduce incentives ...
The One Big Beautiful Bill Act of 2025 (OBBBA) introduces new rules for charitable donation tax deductions. Individuals 70½ or older can still make tax-free Qualified Charitable Distributions (QCDs) ...