The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving in 2025 to save taxes.

Giving to charity feels good, but understanding the tax benefits can benefit both the charity and you. Whether you donate ...

The IRS has announced a significant increase in the standard deduction for 2026, setting it at $32,200 for joint filers. This ...

The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving in 2025 to save taxes.

The higher standard deduction since 2017 has dramatically reduced itemization. But the new law provides incentive for ...

The clock is ticking for philanthropic clients who want to maximize tax deductions on their charitable donations. New rules ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to ...

For clients who itemize, 2025 offers a fleeting opportunity to give more efficiently. Starting in 2026, two new provisions of the One Big Beautiful Bill (OBBB) will reduce the tax value of charitable ...

Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...

President Donald Trump’s One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 from the previous $10,000, as previously reported by GOBankingRates. For ...

Columnist Sam Brownell summarize eight critical parts of the tax law that dealers need to plan for to maximize and protect.

Presumably, these areas will benefit the most from the SALT deduction cap increase. “The winners of this deduction will most definitely be the middle- to upper-middle-class earners of high-tax states, ...