A corporation’s annual charitable contribution deduction cannot exceed 10% of the corporation’s taxable income Sec. 170 (b) (2) (A)), computed without regard to the following (Sec. 170 (b) (2) (D)): ...

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

One of the more targeted OBBBA provisions affecting higher education is an increase in the excise tax on the net investment income of applicable educational institutions, which include certain private ...

Starting in 2026, new rules will affect charitable deductions for non-itemizers and Roth catch-up contributions for high earners. Plan ahead now.

There have been significant changes over the years in tax laws including the tax deductibility of charitable donations. The One Big Beautiful Bill enacted into law this July has continued to change ...

All K-12 students in public, private, charter or homeschool programs are eligible for donated funds if they meet income ...

Earlier this year, President Trump signed the One Big Beautiful Bill Act (the “OBBB”) into law. The OBBB has had a widespread impact on tax legislation, either amending or repealing many provisions of ...