While the rules are framed as helping average Americans, experts have told NewsNation the changes could have a costly impact ...

If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes ...

New tax rules under the Trump administration look to change how much Americans can deduct from their charitable donations.

New tax rules for charitable donations will take effect in 2026 as part of President Trump's recently passed "Big, Beautiful ...

Donors have several months to plan their contributions before changes from the One Big Beautiful Bill kick in.

Deductions Effective Now Practitioners are particularly enthused about the higher limit for the itemized deduction for state and local taxes. The SALT cap has been upped to $40,000 starting this year ...

While there’s still quite the chunk of time before tax season rolls around again, here’s something you should know. The IRS is about to implement new changes that affects certain deductibles. CNN ...

Employers cannot claim an adjustment or refund for taxes withheld on an uncashed distribution check, even if the check is ...

According to the IRS, for 2024, businesses and workers are required to report income of $5,000 or more from these apps. In 2025, the threshold will drop to $2,500 and then it will drop to $600 in ...