Americans made $3.6 billion in charitable donations this week — a double-digit increase of 16% from Giving Tuesday 2023's total of $3.1 billion, according to The GivingTuesday Data Commons, the group that tracks the data. And more people than ever — 36 ...

You need to itemize to take a tax deduction for your charitable donations, but fewer people itemize now that the standard deduction has doubled. Even if you don’t itemize, there are other ways to get tax benefits for your charitable donations.

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Taylor Swift and Travis Kelce's wedding was about more than vows – it came with some massive wins for nonprofit organizations, too, RadarOnline. comcan reveal.

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Tax changes coming in 2026, the long stock-price boom, and federal funding cuts for nonprofits have made year-end 2025 an ...

The bipartisan Charity Parity Act, introduced in both the House and Senate, would allow qualified charitable distributions to be made from 401(k) accounts instead of only from IRAs. The measure joins an existing bill that also would change QCD rules to ...

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 impact of charitable donations, we spoke to a few tax ...

These grants were made possible, in part, through the generosity of fans who participated in the organization’s auctions, raffles, and memorabilia events during the season. As the philanthropic arm of the Philadelphia Phillies,