When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

Comprehensive guide to U.S. itemized deductions for 2026, covering Schedule A, SALT limits, medical expenses, interest, charity, and 1040-NR ...

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 ...

Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...

The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction The decision on whether to take the standard deduction or itemize ...

The Internal Revenue Service anticipates receiving some 164 million individual income tax returns as Americans digest the ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. The season of giving is upon us. While many use December as an opportunity to ...

Some new rules concerning the deductibility of charitable contributions were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act. The changes introduce incentives ...