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 ...

Here's how to use your donations to save on taxes Fact checked by Vikki Velasquez The Internal Revenue Code (IRC) includes a tax break for charitable giving. However, claiming the charitable ...

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In a revised guide for taxpayers, the Internal Revenue Service explains how people who used their cars to help charities provide disaster relief during Midwestern storms last year can take an ...

The tax code offers meaningful incentives for charitable giving, but many donors don’t fully benefit from them. Without a deliberate strategy, charitable contributions often provide little to no tax ...

Taxpayers should give as much consideration to the form in which they make charitable donations as they do to the amounts they give. By making some changes they might deliver more benefits to ...

The standard deduction has more than doubled since enactment of the Tax Cuts and Jobs Act in 2017. Because of these increases, many clients who historically itemized deductions may find it ...

Now’s a good time to tell your clients how to substantiate their charitable gifts on their 2016 federal income tax returns—due by April 18, 2017. Strict, detailed and overlapping substantiation ...

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance ...