Nonprofit giving has declined by $65 billion since 2021. However, institutions are not the only ones pulling back. Consumers ...
However, 12 states and Washington, D.C., still impose an estate tax, and five states have an inheritance tax. Maryland has ...
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 ...
Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s ...
How charitably inclined taxpayers can use donor-advised funds and other tax strategies to get ahead of the OBBBA's revised ...
You worked hard to have a comfortable life and pass on some wealth to your heirs. Unfortunately, if not done strategically, ...
Law professor Ray Madoff’s new book, “The Second Estate,” argues that philanthropy is part of a playbook that the ...
From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...
The GIFT City regulator has channeled a demand from fund companies to the Union finance ministry that investments from Indian ...
Some art collectors, when navigating estate planning, consider alternative nonprofit venues—such as libraries, retirement ...
In Brief The recently enacted H.R. 1, the so-called One Big Beautiful Bill Act (OBBBA), extends many of the provisions of the ...
The article warns that small tax law changes can erode charitable benefits over time. It highlights both positive updates and ...