KEY TAKEAWAYS The 'One Big Beautiful Bill' reinstates and makes permanent a tax rule that allows those who do not itemize ...
The One Big Beautiful Bill Act ("OBBBA") brings major changes to federal charitable deduction rules beginning January 1, 2026. These changes ...
High earners face new limits on charitable deductions starting 2026. Learn key strategies to maximize tax benefits now ...
Starting in 2026, the new deduction will enable the estimated 90% of household using standard deductions to get a deduction ...
Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize ...
The holidays are the traditional time for giving as people look to spread holiday cheer and get tax benefits. Here's what you ...
A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...
It’s nearly the end of the year, the traditional time for giving but before opening your wallet, you should know how tax rules are changing so you can maximize your gifts. Charitable tax deductions ...
For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...
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.