About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.

This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...

Most Americans may be better off waiting until 2026 to donate cash to their favoriite charities due to tax law changes.

Several changes are favorable for broad participation, while others trim deductions for higher-income households. Planning ...

With a DAF, you can make a contribution in 2025 and receive a charitable deduction under 2025 rules, while the funds can be ...

For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

Americans have only two days left to secure a crucial tax break that could impact their finances through 2026, with expert ...

Discover what medical expenses are deductible, including examples like insurance premiums and prescriptions, and learn how ...