Charitable Donation Deductions
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How what you donate impacts your tax deductions
Have you already made contributions to charity this year? Are you considering making more between now and year-end? If so, it’s important to be familiar…
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Consider your potential charitable deduction before donating artwork
If you give artwork to charity, the deduction you can claim depends on several factors, including the type of organization receiving the piece and how…
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Quadrupled SALT deduction limit means more taxpayers will benefit from itemizing on their 2025 returns
An important decision to make when filing your individual income tax return is whether to claim the standard deduction or itemize deductions. A change under…
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Before claiming a charitable deduction for 2025, make sure you can substantiate it
If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you made last year. But your…
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Changes to charitable donation deductions are on the horizon
Beginning in 2026, individuals who itemize deductions and donate to charity will face a new limit on their charitable deductions. And in some cases, they’ll…
Read More: Changes to charitable donation deductions are on the horizon
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