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

This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...

Several changes are favorable for broad participation, while others trim deductions for higher-income households. Planning ...

Year-end planning has become even more essential this year due to the passage of the One Big Beautiful Bill Act (OBBBA) ...

By offering a modest "above-the-line" deduction for charitable contributions, this legislation encourages philanthropy without direct wealth redistribution or new government spending programs, allowin ...

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 ...

Here’s how to give wisely.

When it comes to taxes, making your gift by Dec. 31, 2025, may allow you to maximize the tax benefit under the older rules and help your community when it matters.

Q. In a recent column, you indicated that I could use the qualified charitable distribution (QCD) option at 70 1/2. I am confused. I thought I did not have to take required minimum distributions (RMDs ...

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 ...

Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. The early months of the year are important for taxpayers ages 70½ and ...