Every year, millions of Americans support causes that are important to them by donating to charities and nonprofits. A 2023 Giving USA Annual Report of Philanthropy found that individuals gave an ...

Giving to a good cause feels great — and if you itemize your taxes, it can also help lower your tax bill. The charitable donation tax deduction lets you write off qualified gifts to nonprofit ...

As the year draws to a close, many individuals consider making charitable donations to reduce their tax burden. However, to ...

Donating to charity can be a life-affirming thing to do—and as a bonus, it can help with your tax bill. Here are a few tips so you can maximize your tax-deductible donations for the 2022 tax season.

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 to a ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

Six out of 10 American households are charitable, according to The Philanthropy Roundtable, and December is the month Americans make more charitable gifts than any other. So how to make the most of ...

As we enter the end of the calendar year, holiday festivities are typically at the forefront of our thoughts. Lingering at the back of our minds, however, lurk end-of-year tax considerations. While ...

It can feel good to give money to a charity and support a cause you care about. You may feel even better if you get an income-tax deduction for your contribution. But you can only deduct charitable ...