Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...
Congress has been making it harder and harder to deduct charitable contributions. Know the latest rules so the IRS won’t be able to deny tax breaks for your charitable donations. The increase in the ...
Forbes contributors publish independent expert analyses and insights. Bob Carlson researches all facets of retirement finances. When you’re age 70½ or older, the best way to make charitable ...
Q: A friend of mine says he deducts 100% of his charitable contributions. My tax person says I won’t get any deduction if my wife and I donate $5,000 to the building fund at my church. What gives? — ...
Freeman Law’s “The Tax Court in Brief” covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose. For a link to our podcast covering the Tax Court ...