About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.

The government is adding a new deduction for non-itemizers. Starting in 2026, they will be able to deduct up to US$1,000 of ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Effective January 1, 2026, the One Big Beautiful Bill Act ...

With a DAF, you can make a contribution in 2025 and receive a charitable deduction under 2025 rules, while the funds can be ...

If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...

The Internal Revenue Service has announced several changes affecting charitable donations for the 2008 tax year, updating tax rules to take inflation into account. One change affects the way donors ...