Taxpayers who donate to the causes that are close to their hearts have a new reason to celebrate — and to give: The massive new tax law includes a valuable new tax deduction for qualified charitable ...

The Internal Revenue Service (IRS) is implementing a series of significant modifications to tax forms, particularly affecting individuals over 65. These changes, set to appear in upcoming tax filings, ...

Sen. Josh Hawley (R-Mo.) is pushing a new “No Taxes on Healthcare Act” that would let households deduct up to $25,000 in ...

That higher standard deduction makes it difficult to put together enough charitable deductions to make it worth itemizing. But this year, thanks to the temporary COVID-19 tax relief measure called the ...