The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

The $2 trillion stimulus bill that cleared Congress Friday expands the charitable deduction to all taxpayers for a year, makes nonprofits eligible for federal loans that could be largely forgiven, and ...

Congress just reshuffled the incentives for charitable giving, providing tens of millions of middle-income households with a tax break while shrinking deductions for corporations and higher earners.

The One Big Beautiful Bill Act, signed into law on July 4, contains several provisions that could affect the future of not-for-profit organizations. One provision creates a permanent cash contribution ...

A Washington Post column takes leaders of the nonprofit world to task for their opposition to capping higher earners’ charitable tax deductions to help finance a health-care overhaul. The columnist ...

The proposed One Big Beautiful Bill Act (OBBBA) introduces sweeping tax changes that will significantly impact nonprofit organizations. While the bill aims to encourage charitable giving through a new ...

Congress has officially passed the One Big Beautiful Bill Act, a sprawling piece of tax legislation with major implications for nonprofit organizations and their supporters. While some of the most ...

Think about the nonprofit organizations that have made a difference in your life or the lives of those in your community. What if those organizations were no longer able to provide their services, or ...

Maryland Gov. Wes Moore’s proposed budget would double taxpayers’ standard deduction while eliminating charitable donations and other itemized deductions, such as mortgage interest and child care ...

Forbes contributors publish independent expert analyses and insights. Tim McClimon writes about philanthropy and corporate responsibility. Jun 09, 2025, 08:06am EDT Wooden brown judge gavel on the ...