About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.
Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...
Most Americans may be better off waiting until 2026 to donate cash to their favoriite charities due to tax law changes.
This article is the first in a new column, Personal Financial Planning, covering the role of CPAs in advising individuals and ...
The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of ...
Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...
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 ...