The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...

Q. Hi, Dan. I don’t understand why people are talking about the new deduction for charitable gifts next year. Haven’t charitable gifts always been deductible? — Carl in Rockledge A. Carl, for millions ...

In this week's Ask the Editor Q&A, Joy Taylor answers questions on federal income tax deductions ...

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, ...

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

President Donald Trump's signature tax package, the One Big Beautiful Bill Act, is quietly reshaping how Americans give to charity by reopening the door to deductions for people who do not itemize.