Significant changes to tax deductions for charitable giving will take effect in 2026. A new deduction will allow non-itemizers to deduct up to $1,000 for single filers and $2,000 for married couples.

While many people give because they want to do good, the tax rules around philanthropy have always been an added sweetener.

The One Big Beautiful Bill (OBBB) shakes up charitable deductions with a little help for non-itemizers and a new challenge ...

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 ...

I'm 73, married and file my taxes jointly with my spouse. My IRA is in Vanguard mutual funds. We make about $8,000 annually in contributions to charities. I understand that direct contributions from ...

Listen and subscribe to Financial Freestyle on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. When it comes to planning for the future, many of us consider opening investment ...

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 ...

President Donald Trump's signature tax package, the One Big Beautiful Bill Act, is quietly reshaping how Americans give to ...

Financial advisers can use tax-efficient donor-advised funds to help clients maximize philanthropic impact through strategies ...

When an asset or investment is donated to charity, the donor avoids paying capital gains tax on the sale of assets, which can increase their charitable giving as much as 20%, depending on the donor's ...

Some of the wealthiest Americans have started to contend that paying taxes and making charitable gifts are just about the same thing. Their failure to grasp the profound difference between the two ...

Charitable giving is on the rise as some families rely on a legal loophole to lower the rate of inheritance tax they pay. But experts are warning gifting errors can lead to costly challenges, ...