Thousands of Christian organizations in India have lost funding due to government changes to the Foreign Contribution Regulation Act.
Daffy, the modern donor-advised fund (DAF) platform designed to help people be more generous, more often, today announced that it crossed $1 billion in charitable assets, a milestone reached in less ...
Millions more Americans will likely donate to nonprofits following changes in tax laws passed by Congress last summer, but those changes will also likely reduce the overall amount of money given to ...
These changes to how much Americans and US corporations give, if these projections prove accurate, would amount to about 1% ...
Building relationships with community foundations is an important way to meet DAF donors in your area. Nationwide, community ...
If you're 65 or older, you could have a bigger tax refund coming your way this year thanks to the new senior deduction. Not everyone will qualify, but those who do will pay taxes on $6,000 less this ...
In Field Service Advice Memorandum 0260401F, the Internal Revenue Service concluded that the transfer of non-voting interests in a limited liability company (LLC) to a tax-exempt Internal Revenue Code ...
Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. When President Trump signed the One Big, Beautiful Bill Act (OBBBA) into law ...
The end of the year is a good time to evaluate how charitable giving can enhance your overall financial plan. Charitable giving can strengthen your personal values, help protect the causes you love, ...
Two art collectors sued the IRS for disallowing their $650,000 charitable deduction and imposing more than $230,000 in additional income tax and penalties after determining that their donated artwork ...
The “No Tax on Car Loan Interest” provision allows anyone who’s purchased a car from 2025 on to deduct the interest paid on the loan when they file their taxes. There are a few stipulations before you ...
A generous donation once came with a predictable bonus: a lower tax bill. That assumption no longer holds true for millions of households, and the shift has reshaped how giving fits into financial ...