Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Effective January 1, 2026, the One Big Beautiful Bill Act ...

Are union dues tax-deductible? Since the Tax Cuts and Jobs Act of 2017, most union members can't claim deductions for dues. Find out if you're eligible.

Q: With all the publicity about tax reform under the One Big Beautiful Bill Act, I am wondering if you have seen anything new about the tax deductibility of travel expenses. Even if you haven't, can ...

Tax season is when retirement planning suddenly feels very real, because the right move with an IRA can shrink this year's ...

How many of you thought alimony was no longer deductible? Well, it is still deductible, but only for divorces that occurred prior to 2019. (There are a lot of folks paying alimony from pre-2019 ...

As we enter tax season 2025, there is a lot of uncertainty around the economy and its direction. With that in mind, business owners could benefit from optimizing their tax-planning strategies and ...

President Donald Trump’s One Big Beautiful Bill Act, which was recently signed into law, offers Americans a number of tax benefits. It makes many of the changes from the Tax Cuts and Jobs Act (TCJA) ...

In a recent case, a New York City Administrative Law Judge (“ALJ”) determined that the City’s unincorporated business tax (“UBT”) did not impose a second, discrete requirement that a deduction need be ...

New federal tax laws effective as of January 1, 2026, will change how charitable deductions work for most taxpayers. Adopted under the One Big Beautiful Bill Act, the new rules may affect anyone who ...

It’s nearly the end of the year, the traditional time for giving but before opening your wallet, you should know how tax rules are changing so you can maximize your gifts. Itemizers should hit fast ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. The season of giving is upon us. While many use December as an opportunity to ...