The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children.

As nonprofits across Massachusetts face uncertainty over the future of federal funding, some are also expressing concern over ...

Recent changes in tax law have made it less financially beneficial to donate to charity, putting the donations that ...

When discussing what your clients might donate to charity, consider appreciated non-cash assets. Your client can always ...

A CRUT works by distributing a fixed percentage of the trust's value to beneficiaries annually, which can vary based on the ...

My experience leads me to disagree with a letter writer (“The Great American Charitable Tax Deduction,” Jan ... most of my donations are really to myself. I refer to my church, my National ...

When it comes to donating stocks, the key to maximizing the tax advantages comes down to whether or not your investment is ...

The author states "Taxpayers are always responsible for the accuracy of information reported on their tax returns. The IRS emphasizes participating in an abusive scheme to reduce tax liability can ...

The CRA says Canadians can claim certain charitable donations made before March 2025 against their 2024 income, even if the ...