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

Two Republican senators and a broad bipartisan coalition of funders and nonprofits prevented a 600% increase in taxes levied on the endowments of the largest private foundations as part of President ...

In a potentially landmark shift announced July 7, 2025, the Internal Revenue Service (IRS) publicly acknowledged in a federal ...

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