New tax laws set to take effect in 2026 could change the way some people choose to make charitable donations, and when.
Michael and Susan Dell’s donation made news for a lot of reasons. Here’s what you need to know about private foundations, ...
A new tax rule in the 'One Big Beautiful Bill' allows taxpayers to deduct up to $1,000 in charitable gifts starting in ...
The deduction will be available again starting with the 2026 tax year, meaning it will be available for charitable donations made in 2026 and beyond. So, if you were planning to make a year-end ...
Trump accounts offer a new tax-preferred way for families to save money for their kids. Here are the pros and cons.
The IRS released initial details on Trump accounts, a new type of IRA for some children. Also, a billionaire business executive pledged $6.25 billion to provide 25 million children with a $250 ...
The Indiana University Lilly Family School of Philanthropy estimates this will cut donations by at least $4.1 billion ...
Mega-donors like MacKenzie Scott and Melinda French Gates are funneling hundreds of millions of dollars into charitable ...
In the past, charitable donations were a great way to reduce your taxes when itemizing. But with new law in place, donations may not actually save you anything in taxes at all. To decipher the tax ...
You see the solicitations all the time — various charities teaming up with retailers to raise needed funds. Just before you finish paying either in person or online, you’re asked for a contribution.
Here's more on what kind of donations are tax-deductible, and how to claim a deduction for charitable contributions. Many, or all, of the products featured on this page are from our advertising ...
They say that art is in the eye of the beholder. It might be more accurate to say that art, at least when it comes to its value, is in the eye of the IRS. They say that art is in the eye of the ...