Donald Trump’s revised tax plan is less costly, but at the expense of those who contribute to charities. They would lose more of the value of their itemized deductions.
Presidential candidate Ben Carson needs to do away with deductions if his flat-tax plan is to work.
Presidential candidates want to simplify the tax code, but not at the expense of homeowners.
If you’re not as rich as Caitlyn Jenner, formerly Bruce Jenner, the cost of transitioning from one gender to another is a major expense. The tax code might be able to help.
What’s new? What should you look out for? Here are some tax-time tips that could save you filing headaches.
Thousands have taken the Ice Bucket Challenge. Many also have donated to the ALS Association. If you gave money, you might be able to claim a tax deduction.
You can’t deduct the time you spend volunteering, but there are other tax benefits for serving.
Saving for college? Here are the good and the bad of 529 plans.
Tax-exempt groups are in the news right now. Make sure you know which type of nonprofit allows donors to claim tax deductions, as well as the IRS rules for those gifts.
A proposed cap on tax deductions has charities worried.