About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.

However, you must follow the IRS's reporting and substantiation rules to assure your charitable deduction. I hope that this letter highlighting the IRS's requirements will be helpful to you when ...

Here’s how to give wisely.

Since the 2017 tax reform, fewer donors are able to claim deductions for their gifts. But with the right strategies, you may be able to turn your generosity into tax savings this year—before new ...