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

An above-the-line deduction for charitable giving is in available for non-itemizers in the 2026 tax year and beyond.

Starting in the 2026 tax year, new rules will allow Americans who take the standard deduction — about 90% of all taxpayers — to also claim a charitable-giving deduction. Money; Getty Images In a major ...

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 ...

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

Just in time for Giving Tuesday, there's some good news for charities. The tax deduction for charitable giving is undergoing some changes next year thanks to the One Big Beautiful Bill Act, with a new ...

Nonprofit advocates slammed a plan offered Wednesday by the chief tax architect of the House that would sharply limit charity tax breaks for people at all income levels. Under the plan, people would ...

As an investor, you’re always looking for ways to maximize returns, minimize taxes, and make your money work harder for you. This year, your charitable giving strategy presents a compelling, ...

New tax changes from OBBBA in 2026 could significantly impact charitable deductions by altering how donors give.