At least five more conservation easement lawsuits arrived at US Tax Court this week, adding to the mounting caseload facing ...

Discover how donors can leverage life income gifts to supplement retirement funds, reduce taxes and make a meaningful impact.

Qualified charitable distributions have surged in popularity thanks to a shift away from itemized deductions, but experts say ...

OpenAI’s unusual equity structure makes it difficult for employees to donate a portion of their holdings to charity.

But the lobbyists for foundations and nonprofits may need to pound the halls of the Senate just to keep things from getting ...

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

The charitable tax deduction is distorting American philanthropy. It doesn’t just shape where dollars go; it also warps the way that nonprofits behave. Let’s find out what the Met Gala looks ...

Deducting charitable donations What is a charitable contribution? How to deduct a charitable donation The requirements for a tax-deductible charitable contribution Overlooked tax-deductible ...

many Americans may qualify for deductions because they have children, student loans or make charitable donations. An image of a sticky note with the phrase "Tax Deduction" written on it resting on ...

The charitable contributions deduction reduces taxable income by allowing individual taxpayers and businesses to deduct contributions of cash and property to qualified charitable organizations.

When those taxpayers give, they get a discount on their tax bill through the charitable deduction. Overall, this deduction lowers tax revenue by tens of billions of dollars every year. To be sure ...

Yet whatever its virtues in simplifying tax preparation, the increase in the standard deduction also curtailed the tax incentive for charitable giving. Indeed, IRS data show that only the most ...