May 30, 2025 · Understand the rules covering income tax deductions for charitable contributions by individuals.

Aug 10, 2025 · The 2025 update to the Tax Cuts and Jobs Act (TCJA) —part of the One Big Beautiful Act —introduces two major changes to how charitable contributions are deducted: A new above-the …

4 days ago · Home Taxes Tax Deductions 3 Major Changes to the Charitable Deduction for 2026 About 144 million Americans may qualify for the "2026 universal charity deduction," while high earners face …

Dec 13, 2025 · Learn more about charitable giving rules and how to use these deductions to minimize your tax bill. The Internal Revenue Code requires taxpayers to either itemize their deductions or claim...

3 days ago · The intent of this new provision is to reduce the tax deduction benefit for taxpayers in the highest ordinary income tax bracket. For a taxpayer with taxable income that (before any reduction …

5 days ago · New Charitable Deduction for Nonitemizers If you don’t have enough total itemized deductions — including charitable donations — to exceed your standard deduction, you’ll save more …

Jul 30, 2025 · There’s a new tax deduction for charitable donations in 2026: You’ll be able to claim up to $1,000 ($2,000 if you’re married filing jointly) of cash donations to a qualified charity.

Nov 10, 2025 · The One Big Beautiful Bill Act contains several key policies that will affect how many taxpayers itemize, and how itemizers may benefit from deducting charitable donations.

Jul 27, 2025 · Making cash donations to public charities helps others while also reducing your federal income tax bill. But the new tax law limits how much itemizers may deduct in a given year and …

Jul 12, 2025 · Tax-deductible donations under the Big Beautiful Bill Act allow you to reduce your taxable income when you give to qualifying charities, but the rules have changed in notable ways.