These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...
The majority of Americans, 91% of filers, according to the IRS, take the standard deduction instead of itemizing (4). While ...
Plus: Claiming pets–and people–as dependents, Health Savings Accounts, charitable giving and tax deductions, tax filing ...
Donating precious metals this year is a smart way to dodge the taxman and do good at the same time.
Meanwhile, the KRA, under the Income Tax Act, determines what qualifies as a “charitable organisation” for tax exemption. The ...
Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize.
Learn how a Qualified Charitable Distribution (QCD) can fulfill your Required Minimum Distribution (RMD) from your IRA while ...
Charitable giving will look different for many donors in 2026. The One Big Beautiful Bill Act (OBBBA) signed in July ...
The Retreat urges donors to give before year-end as demand for domestic abuse services rises and 2026 tax changes may affect charitable deductions.
Several categories of gifts don’t count toward annual gift tax limits. Here's what you need to know.