Understanding the tax benefits associated with donations to Goodwill can not only support a worthy cause but also provide valuable tax deductions for donors. TRAVERSE ...

Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on the tax rules for ...

The tax code is becoming charitable to many more donors thanks to changes in the new tax and spending law. That’s going to help nonprofit organizations that rely on donations, and also everyday ...

IRS enforcement priorities shift toward questionable write-offs, putting small business owners and self-employed taxpayers on notice in 2025. IRVINE, CA / ACCESS Newswire / September 10, 2025 / The ...

An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade The tax code is becoming charitable to many more donors thanks to ...

The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...

A tax calculator tool from the nonprofit Tax Foundation looks at take-home pay after the new law, including write-offs like ...

(The Center Square) – As Republican leaders in Congress work to renew key portions of the 2017 Tax Cuts and Jobs Act via the budget reconciliation process, two lawmakers have introduced a bill of ...

Madeleine White is putting to rest misconceptions about what influencers are allowed to deduct as a tax write-off In a recent video, the influencer addressed a common question that she gets on her ...