Most Americans may be better off waiting until 2026 to donate cash to their favoriite charities due to tax law changes.

For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

The 2025 and 2026 rules require donors to itemize their deductions to claim any charitable contribution deductions. Here's what you need to know.

The massive new tax law temporarily boosts the maximum amount you can claim under the state and local taxes (SALT) deduction to $40,000, from $10,000, starting in 2025. (For those who are married ...

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 ...

Doing taxes isn’t exactly easy, and “tax deduction” brings to mind piles of receipts and complicated calculations, just to save a few bucks. Here’s the good news: You don’t need to itemize deductions ...