The government is adding a new deduction for non-itemizers. Starting in 2026, they will be able to deduct up to US$1,000 of ...

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.

On Giving Tuesday, one of the biggest fundraising days of the year, more than 38 million people gave a record $4 billion to ...

Charitable giving ramps up at the end of the year, but how can donors make sure their money is having the biggest impact?

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

Since it started as a hashtag in 2012, GivingTuesday, the Tuesday after Thanksgiving, has become one of the biggest fundraising days of the year for nonprofits in the U.S. This year, nonprofits face ...

Year-end planning has become even more essential this year due to the passage of the One Big Beautiful Bill Act (OBBBA) ...

President-elect Donald Trump and his appointees are promising a war against woke, with employer diversity, equity and inclusion (DEI) efforts among their targets. At the same time, with job openings ...

Now that the big tax push for 2023 is out of the way, it is time to plan for taxes in 2024. Part of this includes planning your charitable donations. Charity should come from the heart, but if you are ...

Most donors tend to prioritize charitable giving at the end of the year. It makes sense. Individuals and families often feel extra charitable around the holidays. It’s often the time when nonprofits ...

Americans made $3.6 billion in charitable donations this week — a double-digit increase of 16% from Giving Tuesday 2023’s total of $3.1 billion, according to The GivingTuesday Data Commons, the group ...