How To Maximize The Tax Benefits Of Your Charitable Giving In 2025

Thanks to the TCJA, fewer donors are able to claim tax deductions. But you may be able to turn your generosity into tax ...

The 'Scrooge' Strategy: How to Turn Your Old Junk Into a Tax Deduction

We break down the IRS rules for non-cash charitable contributions. Plus, here's a handy checklist before you donate to ...

You’ll Soon Be Able to Deduct Donations Without Itemizing—Here’s When That Starts

A new tax rule in the 'One Big Beautiful Bill' allows taxpayers to deduct up to $1,000 in charitable gifts starting in ...
AOL

Charitable Donation Tax Deduction: How To Maximize Your Tax Benefits

Giving to a good cause feels great — and if you itemize your taxes, it can also help lower your tax bill. The charitable donation tax deduction lets you write off qualified gifts to nonprofit ...
WBAL-TV

New rules for how much you can deduct in charitable contributions

If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...

The Tax Rules Around The Dells’ $6.25 Billion Contribution To Trump Accounts

Michael and Susan Dell’s donation made news for a lot of reasons. Here’s what you need to know about private foundations, ...
The Financial Express

Bogus tax deductions under scanner: CBDT flags fake donation claims, warns taxpayers via SMS and email

The CBDT has nudged taxpayers to voluntarily withdraw bogus deduction claims after uncovering fake donation rackets and ...