The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...
Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...
A corporation’s annual charitable contribution deduction cannot exceed 10% of the corporation’s taxable income Sec. 170 (b) (2) (A)), computed without regard to the following (Sec. 170 (b) (2) (D)): ...
Is tithing tax deductible? Yes, if you opt to itemize your deductions. Here's everything you should know about tithing and ...
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 ...
One of the more targeted OBBBA provisions affecting higher education is an increase in the excise tax on the net investment income of applicable educational institutions, which include certain private ...
Effective charitable planning was already an intricate and complex process before the passage of the One Big Beautiful Bill Act (OBBBA) in July of 2025. The new legislation, while making swaths of ...
New federal tax laws effective as of January 1, 2026, will change how charitable deductions work for most taxpayers. Adopted under the One Big Beautiful Bill Act, the new rules may affect anyone who ...
This article was originally written and published here and submitted by John-Mark Young to Richland Source for publishing. It was July 4th, 2025. I happened to be down in Orlando, Florida, near one of ...