This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...

About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.

Starting in the 2026 tax year, new rules will allow Americans who take the standard deduction — about 90% of all taxpayers — to also claim a charitable-giving deduction. Money; Getty Images In a major ...

A charitable donation tax deduction can help you lower your tax bill while simultaneously supporting a worthwhile cause. Tax-deductible charitable contributions include goods, cash, and property ...

With a DAF, you can make a contribution in 2025 and receive a charitable deduction under 2025 rules, while the funds can be ...

If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...

Taxpayers who donate to the causes that are close to their hearts have a new reason to celebrate — and to give: The massive new tax law includes a valuable new tax deduction for qualified charitable ...

An above-the-line deduction for charitable giving is in available for non-itemizers in the 2026 tax year and beyond.