The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...
MILWAUKEE (CBS 58) -- Financial advisor Brad Allen joined us Wednesday, Nov. 12 to talk about how people can make the most of their charitable giving during the holiday season. Allen, from Drake & ...
Since the 2017 tax reform, fewer donors are able to claim deductions for their gifts. But with the right strategies, you may be able to turn your generosity into tax savings this year—before new ...
More Americans are using donor-advised funds to claim charitable tax write-offs now. The cash is taking longer than expected to get to non-profits. The post How to rescue your charitable donations ...
There have been significant changes over the years in tax laws including the tax deductibility of charitable donations. The One Big Beautiful Bill enacted into law this July has continued to change ...
The One Big Beautiful Bill Act of 2025 (OBBBA) introduces new rules for charitable donation tax deductions. Individuals 70½ or older can still make tax-free Qualified Charitable Distributions (QCDs) ...
Q. Hi, Dan. I don’t understand why people are talking about the new deduction for charitable gifts next year. Haven’t charitable gifts always been deductible? — Carl in Rockledge A. Carl, for millions ...
Some new rules concerning the deductibility of charitable contributions were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act. The changes introduce incentives ...
Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize. By Ann Carrns Thinking about donating to your favorite charity before the ...
Thanks to changes to the tax laws, 2026 gives taxpayers a chance to take a fresh look at their charitable giving. Whether you’re donating cash, stock or money from your retirement account, a little ...
Personally, I can’t wait for 2025 to exit the building. But as always, there are year-end tax issues to consider, especially in a year that saw significant federal legislation passed. In this season ...