The standard deduction is set to climb again for the 2025 tax year, with married couples filing jointly able to shield ...

High earners face new limits on charitable deductions starting 2026. Learn key strategies to maximize tax benefits now ...

The holidays are the traditional time for giving as people look to spread holiday cheer and get tax benefits. Here's what you ...

Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...

KEY TAKEAWAYS Taxpayers can pre-pay estate taxes and pay quarterly state and local taxes before the end of the year, allowing them to take advantage of the new SALT cap.Taxpayers who do not itemize ...

A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...

Significant changes to tax deductions for charitable giving will take effect in 2026. A new deduction will allow non-itemizers to deduct up to $1,000 for single filers and $2,000 for married couples.

It could be worth the time this holiday to consider these tax moves before year end. They could save you money in 2025 and beyond.

For those not versed in the lingo of taxes, the distinction can be confusing. But understanding which path is right for you ...

Giving to charity feels good, but understanding the tax benefits can benefit both the charity and you. Whether you donate ...

The One Big Beautiful Bill Act has new twists relating to charitable giving that hit in 2026. Tax filers should review giving ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...