The deduction will be available again starting with the 2026 tax year, meaning it will be available for charitable donations made in 2026 and beyond. So, if you were planning to make a year-end ...

Here’s how to give wisely.

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 ...

It has now become a yearly ritual that members of Congress and White House officials offer proposals to limit or even eliminate charitable tax deductions. And, as a part of the ritual, nonprofit ...

Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.

The growing pressure on Washington to restrain the spiraling federal debt has once again put the future of the charitable deduction into question. After Congress rebuffed President Obama’s call to ...

Q. Hi, Dan. I don’t understand why people are talking about the new deduction for charitable gifts next year. Haven’t charitable gifts always been deductible? — Carl in Rockledge A. Carl, for millions ...