This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...
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 ...
About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.
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 ...
Charitable giving ramps up at the end of the year, but how can donors make sure their money is having the biggest impact?
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 ...
In 2025, PMI U.S. contributed nearly $12 million to 600 organizations nationwide, prioritizing our core giving pillars: ...
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 ...
As an experienced independent financial advisor and investor, I understand the dual benefits of charitable donations. They allow you to support causes you care about while providing significant tax ...
The end of the year may still mean a boost in charitable giving. Santa Barbara has seen generosity to local causes including ...
New tax laws going into effect in the new year could impact charitable giving, which is why some people in the South Bay made ...