New charitable giving tax rules will soon lower your deduction for donations to charity — here’s what you should do now.
High-net-worth taxpayers who concentrate their philanthropic donations during this tax year can avoid new deduction floors ...
Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for certain tax benefits or tax breaks or to determine if you're subject to ...
The key is making sure your gift is structured in a tax-efficient way and completed before the year-end deadline so it counts ...
Tax advisors say wealthy Americans should consider ramping up charitable donations before the end of 2025 to take advantage ...
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.
For some, the end of Halloween ushers in the holiday season. For personal finance nerds like me, it means that it’s time for ...
President Donald Trump's "big, beautiful bill" raised the SALT cap to $40,000 from $10,000 starting with tax year 2025, though, as noted in a report by The Wall Street Journal, the benefit depends on ...
In addition to several other changes to tax law, the One Big Beautiful Bill Act of 2025 (OBBBA) creates new ways to handle charitable donations.
The good news is that most states (41, plus the District of Columbia) don't tax Social Security benefits, although you may ...