The tax landscape for millions of Americans is about to undergo a significant shift with proposed changes to the state and ...

But what if that generosity is also a clever financial strategy? The truth is, many wealthy individuals have mastered the art ...

A donor-advised fund (DAF) gives high-net-worth individuals (and others) immediate tax benefits and flexibility in charitable ...

Qualified charitable distributions have surged in popularity thanks to a shift away from itemized deductions, but experts say ...

OpenAI’s unusual equity structure makes it difficult for employees to donate a portion of their holdings to charity.

The new tax bill would impact foundations and nonprofits — and charity advocates are scrambling to limit the damage.

CAMT may undermine rules which otherwise provide the incentive of a current tax deduction for certain corporate expenditures targeted to relieving societal burdens, such as Hurricane Helene relief ...

Americans with bigger incomes get larger income tax deductions on every dollar they donate to charity. If the famous and fabulous people who glided up the Met’s blue-carpeted steps at the ...

How to deduct a charitable donation The requirements for a tax-deductible charitable contribution Overlooked tax-deductible charitable contributions Deadlines for charitable donations Tips for ...

Proponents frame the idea as a simplification of the state’s tax code and note that few households actually claim itemized deductions for charitable donations. A 2023 state report showed that ...