Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...
Nonprofits that help high-earning donors better understand the implications of the recently passed tax legislation could see a boost in donations in 2025, say fundraisers and experts familiar with the ...
My husband and I plan to help our daughter with some of her wedding expenses. It’s my understanding an individual can give $19,000 in a year without triggering a taxable event. What is the best way to ...
The article warns that small tax law changes can erode charitable benefits over time. It highlights both positive updates and ...
Want to get on someone’s good side? Help them out financially? Or, perhaps, just make them really happy? Give ‘em a gift! (Cash is always nice.) But if you’re in a gift-giving mood, and you have a lot ...
Laura MacDonald explores philanthropy as founder of Benefactor Group, author of The Endowment Handbook, and past chair of Giving USA. The new tax law adopted on July 4, 2025, will have a significant ...
Unfortunately, this scenario may not play out as intended, but it does have some potential benefits. Taxes on gifts and ...
Law professor Ray Madoff’s new book, “The Second Estate,” argues that philanthropy is part of a playbook that the ...
Miranda Marquit is a staff senior personal finance editor for Buy Side. Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side and a personal finance expert.
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Businesses giving gifts is a common practice in many industries. Employees often appreciate ...
The truth is, Indian tax law is actually quite clear on when gifts are taxable and when they aren’t. If you know the basic rules, you can pass on money to your kids or parents without attracting any ...