Many people aim to write checks to their favorite charities sometime before Dec. 31, as part of year-end giving. Yet, key tax ...

For those not versed in the lingo of taxes, the distinction can be confusing. But understanding which path is right for you ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to ...

One of the biggest tax decisions that a couple can make is whether to take the standard deduction or itemize. The standard ...

HUNTSVILLE, Ala. (WAFF) - The One Big Beautiful Bill Act will impact the way you pay taxes this year, especially if you plan to use itemized deductions. Financial expert Jay McGowan from the Welch ...

As 2026 brings a deduction “haircut” and new Annual Gross Income (AGI) floor, 2025 offers one last window for full-value charitable giving. This article outlines how bunching, donor-advised funds, and ...

This year my family outgrew our Boston condominium and I became a renter for the first time in a decade. Due to high housing costs and mortgage rates, instead of buying another home we chose to rent a ...

If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...

Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra ...

Question: I am retired and receive monthly Social Security benefits. I heard that the newly enacted so-called “One Big Beautiful Bill” (OBBB) eliminates federal income tax on Social Security benefits.

Some new rules concerning the deductibility of charitable contributions were enacted as part of H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful Bill Act. The changes introduce incentives ...