Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize deductions.
Oklahomans can maximize charitable giving on Giving Tuesday with local nonprofits and key 2025 tax benefits before year-end.
After the One Big Beautiful Bill Act signed earlier this year made changes to tax benefits for 2026, philanthropists are having to rethink giving strategies, according to financial advisors.
Some people have an incentive to hold off on charitable giving until next year, in order to get the full tax reward for their ...
Tax-law changes mean that some wealthy taxpayers should make charitable gifts this year, but others may want to wait.
Since it started as a hashtag in 2012, GivingTuesday, the Tuesday after Thanksgiving, has become one of the biggest ...
Starting in 2025, the cap for deducting these taxes has been raised from $10,000 to $40,000. The caps are expected to be raised 1% every year through 2029, before reverting back to $10,000 in 2030.
Mega-donors like MacKenzie Scott and Melinda French Gates are funneling hundreds of millions of dollars into charitable ...
The One Big Beautiful Bill Act introduces a few provisions that change how (or how much) taxpayers are incentivized to make ...
In the cases, the Tax Court determined the value of a conservation easement donated to charity using the comparable sales ...
One useful end of year tax strategy that brings with it aid for struggling charities is the QCD or Qualified Charitable ...
A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...