A long-term decline in Americans’ participation in charitable giving accelerated during the Covid-19 pandemic.

"We need charitable giving to go up, not down. So the governor's proposal raises a lot of concerns," said Jim Klocke, CEO of ...

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

Maura Healey that they fear could further strain their budgets. The proposal would cap the state’s tax deduction for ...

leaving fewer Americans with access to the charitable deduction. Researchers at Indiana University’s Lilly Family School of ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

Tens of thousands of people are displaced in California and first responders are battling blazes. Here’s a guide to how you can help and when that help is deductible.

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...