Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

Since the 2017 tax reform, fewer donors are able to claim deductions for their gifts. But with the right strategies, you may be able to turn your generosity into tax savings this year—before new ...

For Americans 65 and older, the 2025 and 2026 tax years are unusually generous. A new senior-focused deduction stacks on top ...

The U.S. Tax Court has ruled that the Internal Revenue Service was right to deny deductions for charitable contributions that were claimed by an Ohio man. The court’s main reason: The taxpayer could ...

Thanks to changes to the tax laws, 2026 gives taxpayers a chance to take a fresh look at their charitable giving. Whether you’re donating cash, stock or money from your retirement account, a little ...