Taxpayers who don't itemize will be able to take a bigger deduction for donations, which could boost giving. However, ...

President Donald Trump's "big beautiful bill" made tax changes that could impact your year-end charitable giving. Here are ...

Every year, millions of Americans support causes that are important to them by donating to charities and nonprofits. A 2023 Giving USA Annual Report of Philanthropy found that individuals gave an ...

The article warns that small tax law changes can erode charitable benefits over time. It highlights both positive updates and ...

Every year, charitable individuals and households make one saying a reality when they make a donation to nonprofits: It's better to give than to receive. However, when you give, the IRS also allows ...

Taxpayers who donate to the causes that are close to their hearts have a new reason to celebrate — and to give: The massive new tax law includes a valuable new tax deduction for qualified charitable ...

In our Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on the tax rules for ...

As "Giving Season" comes to a close, there are only a few days left in the year for folks — specifically donors — to reap the benefits of charitable donations. Historically, the last two months of the ...

I've been rethinking my itemized deductions and charitable contributions. Should I? Jeffrey Levine explains why taxpayers should review the standard deduction and determine if they can save on taxes ...

Minnesota nonprofits and foundations are backing federal legislation that would offer a tax incentive encouraging more people to donate to charities. The Charitable Act, recently introduced by 11 ...

It’s a testament to Americans’ generosity that the wealthiest among her citizens are the ones who tend to give more of their incomes to charities such as soup kitchens, institutions of higher ...

Despite the uncertain economy, most Americans (93%) plan to make at least a small donation to charity this year, according to a recent survey by Edward Jones. The survey also found that 68% of ...