Most Americans may be better off waiting until 2026 to donate cash to their favoriite charities due to tax law changes.

The introduction of a new tax deduction for charitable donations marks a significant shift in U.S. tax policy, offering a fresh incentive for taxpayers who typically choose the standard deduction.

About 144 million Americans may qualify for the 2026 universal charity deduction, while high earners face new IRS limits.

An above-the-line deduction for charitable giving is in available for non-itemizers in the 2026 tax year and beyond.

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 ...

If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...