The president's tax bill brings charitable donation write-offs 'above the line,' allowing even filers who use standard over ...

An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade.

Charitable donations are now limited to 60% of your income. During the start of the COVID-19 pandemic, federal legislation also temporarily eliminated the income cap on charity gift deductions.

Tax-deductible donations include money or goods you contribute to tax-exempt organizations. Plus, your charitable giving can benefit you if you take a charitable contribution deduction. However ...

According to the AARP, most charities spend less than 35 percent of their donations on fundraising and administrative costs. Fortunately, there are websites that rate the efficiency of charities.

Charitable giving during the holiday season this year takes on a new, happier meaning when it comes to tax deductions.. Typically, most people aren't able to get a tax break when they donate money ...

But in the past few years, the number of Americans who donate to charity has dropped. For the first time in nearly two decades, only half of U.S. households donated to charity in 2018, according ...

Charitable donations can help a worthy cause, but your donations may also help your tax bill. Watch Out: The 7 Worst Things You Can Do If You Owe the IRSMore: Owe Money to the IRS? Most People Don ...

This is the time of year for charitable giving. Consumer Reports checked out the charity watchdogs to tell you some of the best charities for your donations.

Some of the biggest names in music, including George Strait, are stepping up to help Hill Country flood victims by holding ...