The passage of the OBBBA made Trump's tax break promises a reality. While many taxpayers will realize benefits, one group is ...

Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

President Donald Trump's "big beautiful bill" increased the SALT deduction limit to $40,000 for 2025. Here's how that could ...

Are political donations tax deductible? Find out what the IRS allows, plus where state-level exceptions may apply. Read on ...

A 25% Maryland tax credit and federal deduction may be available for donors supporting local CFES programs and community needs.

A corporation’s annual charitable contribution deduction cannot exceed 10% of the corporation’s taxable income Sec. 170 (b) (2) (A)), computed without regard to the following (Sec. 170 (b) (2) (D)): ...

One of the more targeted OBBBA provisions affecting higher education is an increase in the excise tax on the net investment income of applicable educational institutions, which include certain private ...

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 ...

Buried in the One Big Beautiful Bill, a modest tax credit signals a larger shift federally toward school privatization as ...

Sunwoo credited much of the surge to the passage of President Donald Trump's One Big Beautiful Bill Act in July, which ...

Wondering what tax relief you qualify for? Learn about IRS tax relief programs, credits, deductions and payment options based ...

High net worth donors face a new reality this year. As of Jan. 1, the One Big Beautiful Bill Act (OBBBA) has changed the rules for charitable tax breaks, making it harder for wealthy clients to reduce ...