The One Big Beautiful Bill Act was signed into law last year, making sweeping changes to the tax code, many of which will affect philanthropic taxpayers.

The tax code offers meaningful incentives for charitable giving, but many donors don’t fully benefit from them. Without a ...

An individual may deduct certain amounts for charitable contributions.1 The amount of a contribution of property other than money is generally equal to the fair market value of the property.2 However, ...

Retired clients can put their qualified charitable distributions to work for a small, taxable income stream if they exercise care using charitable gift annuities (CGAs), advisors say. “A CGA is ...

Want even bigger tax savings from your donations to charity? Don't let your financial advisor skip telling your abou the QCD ...

These changes to how much Americans and US corporations give, if these projections prove accurate, would amount to about 1% ...

Because of the accumulated earnings tax, a C corporation with significant accumulated earnings can be a problem for a CPA trusted business adviser. Paying the money out as a dividend leads to a second ...

Editor’s Note: The 2017 tax reform legislation increased the 50 percent AGI limitation on cash contributions to public charities and certain private foundations to 60 percent. The 2025 OBBB made this ...

Robert F. Sharpe, Jr., president of The Sharpe Group, Memphis, Tenn. When planning for charitable gifts, especially those accomplished using strategies that result in the gifts unfolding over an ...

Donating to charity isn’t just an act of kindness — it’s one of the few ways to control how much you, actively, send to the IRS. If you make the right donation at the right time, you can reduce your ...

Retiring at 62 with $6.1 million puts you in a position most people never reach, and squarely in a situation many wealthy ...