A California woman reached a plea deal with the DOJ after allegedly carrying out a conduit political donation scheme through ...

But what if that generosity is also a clever financial strategy? The truth is, many wealthy individuals have mastered the art ...

A donor-advised fund (DAF) gives high-net-worth individuals (and others) immediate tax benefits and flexibility in charitable ...

Americans with bigger incomes get larger income tax deductions on every dollar they donate to charity. If the famous and fabulous people who glided up the Met’s blue-carpeted steps at the ...

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 ...

Maryland Gov. Wes Moore’s proposed budget would double taxpayers’ standard deduction while eliminating charitable donations and other itemized deductions, such as mortgage interest and child ...

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 federal government plans to extend the deadline for claiming charitable donations on tax returns through to the end of February. The announcement from Finance Minister Dominic LeBlanc comes ...

It can feel good to give money to a charity and support a cause you care about. You may feel even better if you get an income-tax deduction for your contribution. But you can only deduct ...

The IRS allows taxpayers to deduct donations of cash and property to qualified charitable organizations. Charitable donations must be itemized in order to be deducted. Taxpayers may deduct ...

they will use the standard deduction to calculate their taxes. If this couple donates to charity with personal checks, they can add those donations to their itemized expenses. More:I'm at 'that ...