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 ...

MERIDIAN, IDAHO / ACCESS Newswire / April 24, 2025 / High-income earners and charitably inclined individuals now have a powerful tool for optimizing their tax returns: bunching. In a new post by ...

There are common scenarios where pet owners cannot claim tax deductions, even if their pet plays a significant role in their ...

Individual taxpayers can claim a wide variety of deductions on their federal taxes. "The basic rules of deductions start by ...

Making charitable donations gives you the opportunity to do good and get a valuable tax deduction. In the case of a $100,000 adjusted gross income (AGI) with a $50,000 cash donation, you can ...

A Taco Bell customer says that a worker questioned why he donated to charity while checking out. Here's why viewers think it ...

These two tax terms are probably the ones my clients confuse most often. Think of a tax credit as a gift card applied to your tax bill at checkout and a tax deduction as a discount on your taxable ...

You may not be earning an income from a job anymore now that you're retired. But that doesn't mean you're not on the hook for paying taxes. Discover Next: Trump Wants To Eliminate Social ...

The university, like many colleges and charities, is exempt from property and federal income taxes, saving it billions of ...