The multitrillion-dollar bill that President Donald Trump signed into law on July 4, 2025, will change how the U.S. tax code treats charitable donations. It also has several tax provisions that affect ...
Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. The One Big Beautiful Bill Act (OBBBA) is now law. One of the myriads ...
Significant changes to tax deductions for charitable giving will take effect in 2026. A new deduction will allow non-itemizers to deduct up to $1,000 for single filers and $2,000 for married couples.
New research commissioned by Independent Sector finds that two provisions in the tax bill moving through Congress would cut charitable giving by far more than the government would gain in tax revenue.
Add Yahoo as a preferred source to see more of our stories on Google. Giving has pretty much remained flat as a percentage of personal disposable income. It’s been stable by that measure at about 2%.
Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. The season of giving is upon us. While many use December as an opportunity to ...
It’s nearly the end of the year, the traditional time for giving but before opening your wallet, you should know how tax rules are changing so you can maximize your gifts. Itemizers should hit fast ...
The charitable giving season is upon us and changes are afoot. While many people give because they want to do good, the tax rules around philanthropy have always been an added sweetener. Apple Card ...
Glisson Law starts 2026 with a Donor Advised Fund to support nonprofits like 5A's Animal Shelter, enhancing charitable giving across Illinois and Missouri.
As we enter the end-of-year charitable giving rush—reflected in the requests flooding our inboxes—it remains true that the United States is the most charitable nation in the world. Just the individual ...
A new WalletHub study shows Mississippi is one of the least charitable states in the U.S. Is the Magnolia State full of Scrooges? Mississippi does have a high poverty rate, but the study looked at 17 ...