Starting in 2026, new rules will affect charitable deductions for non-itemizers and Roth catch-up contributions for high ...

For the first time in years, taxpayers who do not itemize their deductions will be able to deduct their charitable donations. This is a significant development because, since 2017, most people could ...

The introduction of a new tax deduction for charitable donations marks a significant shift in U.S. tax policy, offering a fresh incentive for taxpayers who typically choose the standard deduction.

There have been significant changes over the years in tax laws including the tax deductibility of charitable donations. The One Big Beautiful Bill enacted into law this July has continued to change ...

Giving to a good cause feels great — and if you itemize your taxes, it can also help lower your tax bill. The charitable donation tax deduction lets you write off qualified gifts to nonprofit ...